Balance of power shifting back to licensees
Under Australian law, financial advice licensees are recognised as powerful intermediaries between the distribution of financial products and household wealth. Now, licensees are starting to enjoy economic conditions commensurate with that heightened liability.
June 09, 2026
CALI calls for insurer lead generation carve-out
The Council of Australian Life Insurers has called for a carve-out from any regulatory restrictions on lead generation, arguing the potential for damage isn’t as significant as in investment advice and that adding restrictions would prevent Australians from using market comparison sites to change insurance coverage.
June 09, 2026
Super funds hold the capital the world needs: NSW Treasurer
NSW Treasurer Daniel Mookhey says last year's Citi A50 summit is converting investor interest into firm approvals, as the state pushes data centre, renewable energy and electrification projects through a fast-track process and positions Sydney as a global financial centre.
June 05, 2026
Platform governance a regulatory blind spot, warns think-tank
Platform governance requirements are not well-defined by legislation or by APRA, creating ambiguity in the regulatory regime, The Conexus Institute has argued. The addition of more regulation may not help either, as that may drive clients to less-regulated parts of the market.
June 04, 2026
Lonsec targets governance gaps exposed by Shield, First Guardian
As scrutiny mounts over industry investment governance standards, Lonsec has launched the Investment Governance Solution to help with ongoing monitoring of emerging product risks. Lonsec chief executive Lorraine Robinson tells Professional Planner that ASIC has been clear that licensees and trustees can no longer rely on an external rating and go into “set and forget” mode.
June 04, 2026
Here’s one thing the AIOFP might be right about
There are not many things the AIOFP and its predecessor organisations have said over the years that I've agreed with, so imagine my surprise – discombobulation, even – to find myself on board with at least one of them: the need for an adviser-led disciplinary body to deal with members who transgress conduct rules and professional standards.
June 03, 2026
The biggest game in town: Inside AustralianSuper’s retirement income strategy
Since Jacki Ellis joined the nation’s biggest profit-to-member super fund as head of retirement just over one year ago, she’s been assessing and building the fund’s capabilities with the aim of delivering a fully personalised experience to all members by 2035. But that’s not to say there won’t be benefits for members who retire before that.
June 03, 2026
Advice business valuations ‘critical’ if CGT changes pass
Getting valuations of advice practices will be critical for succession planning for business leaders if the Albanese government’s tax changes come through, according to a pair of M&A experts. Having a valuation of an asset for 1 July 2027 when the changes come in will drastically make calculating future capital gains easier.
June 02, 2026
Why drug policy failure is a fiduciary problem too
Professor Dan Howard SC spent 15 months as commissioner of a NSW Special Commission of Inquiry into the drug ice, produced 109 recommendations, and watched as the government sat on most of them. In conversation with Conexus Financial founder and managing director Colin Tate AM, Howard said six years on nothing has materially changed in drug policy, and that the costs land on everyone.
June 02, 2026
Associations coordinate calls to add MISs to CSLR
The Financial Advice Association Australia, SMSF Association and Stockbrokers and Investment Advisers Association have all called for managed investment schemes (MISs) to be included in the Compensation Scheme of Last Resort as a primary subsector.
June 01, 2026
