Editor's Choice
WAM active strategy delivers 75.5%
|WAM Active (ASX: WAA), one of Wilson Asset Management's active listed investment companies, has recorded 75.5% in investment performance in the 12 months to 30 June 2026.
Entireti names former Perpetual chief as chair
|Entireti has named a former chief executive of Perpetual as chair of its board.
Super funds fail customer service test: SCA
|Superannuation funds are apathetic, dismissive and continue to fail members at the most basic service level, a new investigation from Super Consumers Australia (SCA) reveals, which slapped the industry with an overall failing grade on customer satisfaction.
KKR joins consortium to acquire ASX-listed Steadfast
|Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast.
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Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.







One of the current challenges for change is that mature practices with pre FoFA revenue suffer a significant cash flow hit when moving into any new Licence that doesn't have any grandfathering locked in. This suggests that AFSL's with grandfathering, APL & Platform flexibility with scale will most likely be the beneficiary of moves in 2015. There's a lot of noise about inquiries for self licensing today but no real evidence of large practices taking the hit once they realise the loss of cash flow. There's strong reason for like minded firms looking for scale and flexibility tofilter through the non bank, non AMP non IOOF affiliated AFSL market and find homes that are in tune with low cost product delivery and higher advice fees.