Editor's Choice
Former UBS Asset Management executive pops up at RAM
Real Asset Management has appointed a new head of distribution in Bryce Doherty, the former managing director of UBS Asset Management Australia.
Sports no longer a sponsorship opportunity for super funds
ASFA head of research Ross Clare believes sports is becoming an important asset class for super funds, noting the dynamics in sports investment has transformed drastically over recent years, based on what he's observed at the ASFA Investment Summit 2026.
SS&C wins mandate from Aussie boutique fund manager
Fundamental Investment Management, a Sydney-based boutique investment management firm, has mandated SS&C Technologies for its inaugural Fundamental Smaller Companies Fund.
Swyftx confirms executive line up
Swyftx has confirmed its leaders, including its chief executive who served as the managing director at Lazard for nearly a decade previously.
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Expert Feed
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
Sarah Shaw
GLOBAL PORTFOLIO MANAGER
4D INFRASTRUCTURE
4D INFRASTRUCTURE
It wasn't confidence that prompted Sarah Shaw to walk away from established investment houses and co-found 4D Infrastructure in 2015. It was something she believes is far more important: courage.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
I must state upfront that I am an ICAA member. This proposal shows a complete lack of understanding by the ICAA of the compliance responsibilities of being licensed. This goes back to the days when I first became a Financial Planner in 1987 which everyone was effectively having their own licence but via a licensed dealer.
Who is going to be responsible for advice given if every adviser has their own licence? How is this to be covered from a Professional Indemnity Insurance perspective?
Last time I checked, Accountants are not licensed to practice as accountants. They are granted Practicing Certificates from their relevant accounting body. Is the ICAA saying that every accountant in a practice holds a Tax Agents regsitration? I know that is not correct.
Come down off your ivory towers and talk to those who are actually involved in the Financial Planning Profession.