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Financial Planning

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.

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.

Advised cover faces claims data test

VINNY VUCAGO  |  THURSDAY, 22 OCT 2026
Group superannuation insurance appears to outperform individual advised cover on some claim's measures, raising questions about the value of advice when it comes to protecting clients against disability.

ASIC stalls Sequoia bid to ditch cross guarantee deed

KARREN VERGARA  |  MONDAY, 19 OCT 2026
ASIC is again putting up roadblocks to Sequoia Financial Group's attempt to revoke the deed of cross guarantee with InterPrac Financial Planning, asking more questions and requesting more information before the group rids itself of all liabilities arising ...

Praemium's new leadership toughens earnings yardstick

RIDDHIMA TALWANI  |  FRIDAY, 16 OCT 2026
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.

ASIC 'scrutinising' Sequoia's second InterPrac fire sale

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
The corporate regulator says it is "closely scrutinising" Sequoia Financial Group's second attempt at a fire sale of InterPrac Financial Planning to a little-known private investor.

Treasury consults shifting tax debts from victims to abusers

RIDDHIMA TALWANI  |  WEDNESDAY, 14 OCT 2026
Treasury is consulting on extending the powers of the Australian Taxation Office (ATO) to strengthen its response to financial abuse.

Former adviser defies permanent banning orders

KARREN VERGARA  |  WEDNESDAY, 14 OCT 2026
Former financial adviser Ezzat Daniel Nesseim has defied ASIC's permanent banning orders and is in the process of being prosecuted.

Former Income AM director launches fixed income advisory

MATTHEW WAI  |  FRIDAY, 9 OCT 2026
A former Income Asset Management executive director has launched Ancora Fixed Income Advisory for high-net-worth clients targeting the defensive asset class.