Editor's Choice
Praemium's new leadership toughens earnings yardstick
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.
Australian Ethical FUM drops by $70m
Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.
Perennial expands wholesale offer for pre-IPOs
Perennial Partners is launching a new strategy for wholesale investors to capitalise on global pre-IPO opportunities, requiring a minimum investment of $100,000.
Macquarie wealth investment chief to depart
Macquarie chief investment officer for wealth will take on a new role at a New Zealand-based investment management firm after serving in the position for close to three years.
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







Another authority, another regulator, another cost and most of all a burden on the industry that will not add any benefit to the advice industry. Appointing academics to decide what courses will constitute a "suitable" course will lead to the same issues that have befallen those trying to achieve "recognised tax and commercial law courses for the TPB". Until the Government recognises that simply throwing hurdles in the way of the industry is not the best way to improve it. It should stop appointing the same old people to the decision making positions or the profession will never change. My 40+ years of experience will never be enough so I will be gone by 2024 as the thought of spending months getting useless qualifications that will never have a practical use doesn't interest me in the slightest.