Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 4375 results for "Financial advice"

Why risk advice is on the verge of collapse: Experts

MATTHEW WAI  |  WEDNESDAY, 19 NOV 2025
... insurers in Australia, because the predominant method for the distribution of individual insurance contracts is financial advice," he said. "So naturally, when there's a significant reduction in the number of people out there advising on life insurance ...

Scaling practices depends on AI: FAAA

KARREN VERGARA  |  WEDNESDAY, 19 NOV 2025
The financial advice industry cannot rely on hiring more advisers to scale practices, rather it needs to prioritise the adoption of new technology that will also help meet unprecedented demand for advice over the next five years, this year's Financial ...

FAAA launches digital client identification tool

KARREN VERGARA  |  WEDNESDAY, 19 NOV 2025
The Financial Advice Association Australia (FAAA) will launch a digital client identification tool to assist advisers identify and verify their clients for anti-money laundering and counter-terrorism financing (AML/CTF) purposes. FAAA SafeID, an end-to-end ...

HNW investors prioritise trust and human connection: Praemium

ANGELIQUE MINAS  |  WEDNESDAY, 19 NOV 2025
... meetings with their adviser, and 50% want regular monthly check-ins. The report identified that HNW investors seek financial advice for assistance with long-term planning (54%) and an adviser's ability to understand their complete wealth situation (49%). ...

HUB24 takes stake in Finura Digital

ELIZA BAVIN  |  WEDNESDAY, 19 NOV 2025
... addressing this need while continuing to invest in our market-leading platform to enable advisers to deliver financial advice for more Australians." In early 2026, myhub will commence a pilot program for licensees, advice networks, and advisers to co-design ...

Estimated CSLR levy comes in at $127m for FY27

JAMIE WILLIAMSON  |  MONDAY, 17 NOV 2025
The Compensation Scheme of Last Resort (CSLR) is estimating the sub-sector levy to be payable by the financial advice industry in FY27 will be $126.9 million - but that doesn't account for First Guardian and Shield. In total, the initial estimate ...

ASIC acts against MWL, its director and lead generator

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
... over alleged Shield advice failures. ASIC alleges that MWL operated a business model that provided inappropriate financial advice to clients to invest their superannuation into the Shield Master Fund (Shield). It's alleged that between May 2022 and February ...

Brighter Super expands senior team

ANGELIQUE MINAS  |  THURSDAY, 13 NOV 2025
... personal service, it said. Powell will lead a team responsible for advice proposition, working to expand access to financial advice through scalable and modular service models. Her experience spans advice, governance and senior leadership roles throughout ...

Interprac sued over Shield, First Guardian failures

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... because of "critical oversight and compliance failures" by Interprac that thousands of Australians received poor financial advice, putting their retirement savings at significant risk. At 10.20am, following ASIC's announcement, Sequoia Financial ...

Majority of SMSF establishments based on bad advice: ASIC

KARREN VERGARA  |  THURSDAY, 6 NOV 2025
... financial adviser are unsuitable to their needs and put retirement savings at risk, an ASIC review reveals. Of 100 financial advice files investigated, 62 failed to demonstrate compliance with the best interests duty. One quarter of these raised significant ...