Fortnum Private Wealth pays $1.35m to resolve cyber case
The Entireti-owned Fortnum Private Wealth has agreed to pay $1.35 million to resolve a lawsuit brought by the Australian Securities and Investments Commission over alleged failures to manage and mitigate cyber-security risks.
October 12, 2026
Lifespan’s strong growth sparks significant investment in marketing, brand and technology
Lifespan Financial Planning has experienced a growth spurt in the last five years which sparked a change in the company's logo and website. With $17 billion under advice, chief executive Eugene Ardino talks about opportunities and challenges for the firm.
October 12, 2026
Clients’ growing use of AI serves up opportunities for advisers
AI is increasingly being used by individuals to inform financial decisions and improve their education on financial advice, according to new Financial Planning Standards Board research. This is in turn creating an opportunity for advisers to help clients contextualise and correct that information.
October 09, 2026
Equip Super on track to boost member engagement with super and advice
The $40 billion profit-to-member fund Equip Super has expanded its association with Supercars to appoint professional driver James Courtney as an ambassador to encourage more members to think about and act on retirement planning.
October 09, 2026
Australians seek value from advice well beyond investment returns
Australians seek advice mainly because they believe an adviser knows more than they do, and better returns are receding as a reason to hire one, according to new CFS research. Melbourne-based financial adviser Nick Reilly says clients just want to know everything’s going to be okay.
October 08, 2026
Among the world’s best advisers, but too few to go round
World Financial Planning Day is a smart way of showcasing financial advice and financial planning and the benefits to consumers. But in Australia, at least, it’s not demand for advice that is lacking, but the supply. And until that’s addressed in a meaningful way, Australian advisers might be among the best in the world, but too many people will continue to miss out on their services.
October 08, 2026
FAAA board elections attract 18 candidates for three board seats
Voting for three seats on the board of the Financial Advice Association Australia has opened, and a total of 18 candidates have put up their hands. Results will be announced before the association’s annual general meeting in November, which will also be when chair David Sharpe hands over to Michelle Vietch.
October 07, 2026
CSLR waterfall model gets qualified FAAA thumbs-up
Proposals for waterfall funding arrangements for the Compensation Scheme of Last Resort have received qualified support from the Financial Advice Association Australia, which says the financial advice subsector liability must be reassessed to avoid undue financial burden falling on a small business sector that has already funded a $20 million subsector cap.
October 07, 2026
World Financial Planning Day promotes value of advice in 22 countries
Now in its tenth iteration, World Financial Planning Day has focused in recent years on helping consumers protect themselves from fraud and scams, particularly online. FPSB chief executive Dante De Gori says that over the past decade the event has grown from “this new thing that no one really understood” to being observed in 22 territories around the world.
October 06, 2026
HNW investors trust advisers to navigate regulatory requirements
Research from Netwealth has found high-net-worth investors will rely on their trusted advisers to make financial decisions in the next 12 months. Investors are also focused on protecting their existing wealth and moving away from residential property investments.
October 06, 2026
PI insurance market ‘pretty positive’, with minimal Shield, First Guardian impact
The collapse of the Shield and First Guardian master funds has had minimal impact on the professional indemnity insurance market for advisers and licensees so far, but insurers are paying far greater attention to trustees and platforms and the products they choose to host.
October 06, 2026
How a small green ‘tick’ is driving retirement solution improvements
Only eight of 45 super funds received a “tick” designation from the Epic Retirement Institute in its latest assessment of retirement offerings, but the research firm that carries them out says the standard of funds’ retirement offerings is nevertheless improving overall.
October 02, 2026
