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Showing 21 - 30 of 7016 results for "Act 2001"

The 'blind spot' costing advisers nearly $10bn: Research

MATTHEW WAI  |  TUESDAY, 27 OCT 2026
Research from Elemnta indicates financial advisers do not realise they are expending nearly twice as much effort on non-advised operations, highlighting a perception gap and challenges related to data collection and access, which cost 6000 practices ...

Inheritors struggle to act on financial advice: Survey

VINNY VUCAGO  |  TUESDAY, 27 OCT 2026
Australia's wealthy inheritors are making major financial decisions before they feel ready, with new research highlighting a gap between receiving professional advice and having the confidence to act on it. Capital Group's research into the 'great wealth ...

ASIC issues another stop order for private credit fund

RIDDHIMA TALWANI  |  TUESDAY, 27 OCT 2026
ASIC has issued an interim stop order on the Murdoch Clarke Mortgage Fund, issued by Murdoch Clarke Mortgage Management, prohibiting it from offering, issuing, selling or transferring interests in the fund. The fund had $573.2 million in assets under ...

FSCP slaps prohibition order on adviser

VINNY VUCAGO  |  MONDAY, 26 OCT 2026
A New South Wales financial adviser has been barred from re-registering as a relevant provider for two and a half years after the Financial Services and Credit Panel (FSCP) found serious and prolonged failures in client reviews, fee arrangements and ...

NCAs unlikely to solve retirement advice gap: HUB24, CFS

RIDDHIMA TALWANI  |  MONDAY, 26 OCT 2026
HUB24 and Colonial First State (CFS) say the New Class of Advisers (NCA) will unlikely solve the retirement advice gap Australians face, noting the focus needs to be on helping reduce friction for those with complex advice needs. Assistant treasurer ...

Wealthy investors keep cash despite market optimism

VINNY VUCAGO  |  FRIDAY, 23 OCT 2026
Australia's high-net-worth investors remain optimistic about market returns but are retaining significant cash holdings as interest rates, inflation and policy uncertainty complicate investment decisions. Research from Praemium and CoreData's Rich Decisions ...

ATO sets sights on 'predatory practices' to access super

MATTHEW WAI  |  THURSDAY, 22 OCT 2026
The Australian Taxation Office (ATO) noted there has been a decrease in compassionate release of super, which it said was promising, however it remains concerned about predatory practices from health practitioners attempting to access super for financial ...

Rent stress threatens retirement security

VINNY VUCAGO  |  THURSDAY, 22 OCT 2026
Declining home ownership is deepening Australia's housing divide, with lower-income households facing growing rental stress and potentially entering retirement with significantly less wealth, according to the Actuaries Institute. The report, Spotlight ...

Adviser stripped of AFSL he claimed he didn't hold

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
ASIC has ceased the Australian financial services licence (AFSL) of a New South Wales financial adviser after he failed to comply with licensee obligations, including payment to statutory levies. Kyle Clifford Frost's AFSL cancellation took effect ...

Regulating for culture

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
Sometimes, the questions not asked can matter more than the answer. At the parliamentary inquiry into KPMG in August, Macquarie chair Glenn Stevens was asked whether he had ever questioned his audit committee chair about her contact with the firm during ...