The timing of product providers moving to new customer due diligence rules could create an “unreasonable regulatory burden for AFSLs” under upcoming AML/CTF changes. In a joint submission to the ...

As the fund management space continues to evolve, an annual report shows fund managers are preparing for increased governance and regulatory scrutiny. Carne’s annual survey of 200 fund manager ...

Infocus has hired the former Count Limited head of professional standards for a newly created leadership position aimed at strengthening governance and long-term growth. Phil Creswell has joined the ...

An MWL Financial Services adviser has been banned from providing financial services for six years over financial advice involving the Shield Master Fund, marking the latest in a series of similar ...

Two years on from its four-way merger, Esencia Wealth chief executive and co-founder Matt Fenning says the firm is now assessing future expansion opportunities with a five-year goal of increasing its ...

After a year of running his advice firm, Jaxon King says part of the reason he went self-licensed now was to ensure he had control of his own reputation as large AFSLs become entangled in significant ...

Melbourne-based firm York St Capital has appointed a former ASIC deputy chair as incoming chair amid global expansion aspirations. Launched in 2021, York St Capital is a multi-asset investment firm ...

A Brisbane financial adviser and SMSF auditor has appeared in court facing a raft of criminal charges, including aggravated fraud and providing unlicensed financial services. Sunny Mahendra Prakash, a ...

ASIC has published a detailed list of AFSLs using lead generation services as part of wider review into the practice. The two lists covers AFSLs which ASIC knows are involved in lead generation and ...

Future developments are planned to include functionality such as automatic task creation, data summarisation across workflow, audio inputs, integrated reporting across business dashboards, and ...

Two advice licensees – WT Financial and Fiducian – have reported their first-half results for the six months to 31 December. For Fiducian, the firm reported a 9 per cent rise in funds under management ...

As more thematic ETFs hit the market, a Dimensional director has argued that adviser now need to allocate more time to their due diligence processes, time most don’t have to spare. ETFs themselves ...