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| | | SMSF Adviser Network (SAN) has closed its doors and subsequently seen its entire fleet of 85 advisers delisted from ASIC's financial adviser register (FAR). SAN's representatives were predominantly accountants who operated under a limited licence ... |
| | | | ... consultation focuses on "the 'switch' as the point of failure" while ignoring a "massive 'user journey' debt created by failing service levels, legacy data matching at the ATO, and a government-mandated performance test that is effectively ordering 12,400 ... |
| | | | ... has played a pivotal role in supporting AMP's strategic partnerships in China. We thank Chris for his outstanding service, commitment and the lasting impact he's made across the organisation." Speaking on his decision to retire, Jansen reflected ... |
| | | | ASIC has banned Benjamin Godfrey, the former director and responsible manager of ISG Financial Services Limited (ISG). ASIC suspended ISG's AFSL in July 2022 after it found it failed to meet statutory audit and financial reporting lodgement obligations. ... |
| | | | A financial adviser who allowed others to provide Statements of Advice (SOAs) in his name and was actively involved in the dodgy referral processes that led to significant client losses due to the Shield and First Guardian collapses is now banned. Aristotle ... |
| | | | Merchant Australia, a subsidiary of Merchant Investment Management (MIM), has welcomed two executives to focus on its growth domestically, with both joining chief operating officer and principal Rebecca Wells. Jamie Melville has joined as managing director ... |
| | | | Cbus has appointed Amanda Hagan as its chief technology officer, having not had one since 2024. Cbus said Hagan brings decades of executive leadership experience across healthcare, energy and financial services, with a keen focus on technology development ... |
| | | | Industry bodies have raised concerns over the drafted Division 296 regulations, warning the current design could create unnecessary complexity, higher compliance costs and unfair outcomes. The bill passed the Parliament last month, and was followed ... |
| | | | ... Miller also sees ASX-listed Block as a firm unlocking AI efficiencies by automating workflows across engineering, customer service and operations. Block recently reduced its workforce by 40%, swapping human employees for AI. However, even with the punchy ... |
| | | | ASIC has banned another MWL financial adviser David Lofthouse for three years for advising clients to invest at least 75% of their superannuation savings into the High Growth or Growth class of the Shield Master Fund. ASIC said Lofthouse gave six clients ... |
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