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Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
... so. The report overall found a consistent disconnect: advisers who guide clients on risk management are often failing to apply the same principles to their own businesses. "The business often represents a significant financial asset, and without a formal ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... said 23 firms that contain crypto-related activities have since obtained their licence to operate, with more expected to apply before the effective date of the bill in April 2027. "If you're looking for regulatory certainty, it's not a binary ...

Musk's $106bn fundamental-defying IPO lands on Nasdaq

RIDDHIMA TALWANI  |  FRIDAY, 12 JUN 2026
... premium due to elevated retail participation. "Given Elon Musk is the key figure in both, it may be that this dynamic will apply to SpaceX too. It doesn't make it intellectually satisfying for a fundamental investor, but it is the market environment ...

ASIC to take 'balanced' stance on super advertising ban rules

KARREN VERGARA  |  WEDNESDAY, 10 JUN 2026
... Superannuation and Other Measures) Act 2026. The restriction does not extend to general public advertising. Exceptions also apply to MySuper products that meet legislative criteria, employer default funds, and an employee's stapled fund. The "MySuper ...

CALI seeks life insurers exemption from lead generation ban

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... "Australians need easier access to life insurance, not more barriers." The industry body, however, noted exemptions should apply where lead generation is undertaken for the sole purpose of promoting, referring or facilitating access to a life insurance ...

Otivo launches AI-powered financial advice

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
... insurance through a plain-language chat interface. Further, recommendations are subject to all regulatory compliance that apply to human advisers, targeting to close the advice gap. Otivo said the launch comes as an alternative advice source for those ...

Macquarie AM launches global small caps ETF

ELIZA BAVIN  |  THURSDAY, 4 JUN 2026
Macquarie Asset Management (MAM) has launched a new systematic active ETF, expanding its existing range of active ETFs in Australia. Available today via the ASX, the Macquarie Global Small Companies Active ETF (ASX: MQXS) aims to offer Australian investors ...

VanEck launches new Australian equity ETF

MATTHEW WAI  |  MONDAY, 1 JUN 2026
VanEck has launched the MSCI Australian Quality Plus ETF (ASX: AQTY), dubbing it the first Australian equity ETF using an "optimised methodology". VanEck said AQTY was developed to address the structural challenges of the Australian share market. The ...

We don't always vote in complainants' favour: AFCA

MATTHEW WAI  |  MONDAY, 1 JUN 2026
... result in a determination against the advice practice. "Our job is to be impartial and to take each case on its merits and apply the rules," Battaerd said. "Excluding insolvent firms for last year... we find in a financial firm's favour 65% of the ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... corporations find a more efficient way to do the exact same thing and save costs, they always go for it. So why wouldn't that apply? In this case, none of these events are coincidences," he says. "None of these things happened by accident. They were ...