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IAG settles $2.8bn lawsuit with Credit Suisse
IAG announced it has settled the lawsuit with Credit Suisse relating to the collapse of Greensill Capital.
VBP names inaugural chief growth officer
Financial planning outsourcing specialist Vital Business Partners (VBP) has created a new executive role focused on expanding advice relationships, winning new clients and strengthening its offering to advice businesses and licensees.
Former BW Equities employee charged for misappropriating funds
A former employee of the Victorian boutique advice business has been arrested and charged for allegedly trading client's shares without consent that generated close to $500,000 for himself.
Super funds risk market concentration in US: Research
While Australian equity markets have always had a concentration problem, it is now becoming more prominent in global markets too, according to Scientific Beta.
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When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
While Financial advisers are getting more compliant and regulated, it is a great opportunity for the government and relevant regulatory body to look at the real estate and credit advisers.
Due to lack of regulations, the amount of commissions and remuneration that mortgage brokers, real estate agents, private credit company's are enjoying has been unnoticed or merely neglected.
The worst is private credit company where they lend money to people to manage their debt or buy white goods, for an unimaginable interest rates. There is no clients best interest duty in this by putting clients into further deep debt and stamping with bad credit history. Why is this? Has the government taken any initiative towards this... and please tell us what is it...?
At the clients best interest, even these people make a big difference in building debt in the clients financial future.
So I would like to urge everyone to look into this space of the financial sector, just not speculate but take initiative to build a regulatory body for this part of financial services industry.