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Showing 1 - 10 of 1029 results for "SOA"

ASIC bans 14th adviser from MWL

MATTHEW WAI  |  MONDAY, 19 OCT 2026
ASIC has banned yet another former financial adviser from MWL Financial Services, bringing its total adviser bans - according to public records - to 14. ASIC has banned Pardeep Singh from providing financial services for four years, after finding he ...

Advice firms lacking AI integration: Iress

VINNY VUCAGO  |  FRIDAY, 16 OCT 2026
... processes. Meeting and file notes were the most common use case, adopted by 81%, compared with just 8% for statements of advice (SOA) generation. Iress chief executive of wealth APAC Sam Wall said deeper integration could help firms serve more clients ...

FSU calls for universal PPL

ELIZA BAVIN  |  MONDAY, 28 SEP 2026
The Finance Sector Union (FSU) has called for universal paid parental leave (PPL) as the standard across all workplaces, in a new report. The FSU's analysis of PPL uptake found men are now taking PPL at similar or higher rates than women in some parts ...

FEATURE | Digital advice | Interlocking the pieces

MATTHEW WAI  |  MONDAY, 14 SEP 2026
... them the flexibility to engage with us at a time and place that suits them. More than 60% of members who have received an SoA have done so after 5pm or on the weekend," he says. "This shows that by removing these barriers, we are making it easier for ...

Tribunal affirms InterPrac, FSGA adviser bans

MATTHEW WAI  |  FRIDAY, 11 SEP 2026
... client's needs. In three cases, Monte Silva provided advice to a client that supposedly reflected his own advice, but the SoA was in the name of another person. Both advisers' bans have since taken effect, with Monte Silva's commencing on ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
HUB24 performed soundly in the quarter ending 30 June 2026, with total funds under administration (FUA) increasing 20% from the previous corresponding period to $164.3 billion. The total FUA comprised platform FUA of $139.5 billion (up 24%) and portfolio ...

FSCP bans adviser over client advice failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... The FSCP found Morrison-Dowd breached the best interest's duty, the appropriate advice obligation and statement of advice (SOA) requirements when advising three clients. It also found he failed to provide an SOA to two clients. According to the panel ...

FAAA urges insolvency crackdown to curb soaring CSLR costs

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The Financial Advice Association Australia (FAAA) has called for tougher insolvency rules to prevent "phoenixing" activity. The FAAA said loopholes which shift costs of failed financial advice businesses onto the broader profession through the Compensation ...

Tribunal shortens financial adviser's five-year ban

KARREN VERGARA  |  WEDNESDAY, 1 JUL 2026
... junior adviser on probation at the time and operated under strict supervision within his licensee. Each Statement of Advice (SoA) he prepared was subject to mandatory pre-vet compliance checks and approved before being presented to clients. "In imposing ...

ASX sees trade volumes soar in May

MATTHEW WAI  |  THURSDAY, 4 JUN 2026
The Australian Securities Exchange (ASX) saw a substantial growth in trade volumes last month, despite continued lackluster movement in initial public offerings (IPOs). According to its May monthly activity report, ASX reported a 31% increase in total ...
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