ASIC obtains bankruptcy orders against ‘ASX Wolf’ finfluencer
ASIC has successfully sought orders in the federal court against social media finfluencer Tyson Scholz, known as the “ASX Wolf”, effectively making him bankrupt.
February 29, 2024
FSCP determinations grow, but offers little insight
The corporate regulator has given the advice community several updates over misconduct assessed by the Financial Services and Credit Panel, but whether the detail or insights are sufficient to clue in licensees and advice professionals is up for debate.
February 28, 2024
Brighter Super looks to put advisers in driver’s seat
Brighter Super, the amalgamation of LGIAsuper, Energy Super and Suncorp Super, will hit the road later this year to pitch the fund’s services to advisers in its home state of Queensland. As a mix of industry and retail funds, head of advice Steven O’Donoghue believes they are in a unique position to derive the benefits from both sides of the market.
February 28, 2024
Melbourne Securities fined by ASIC over greenwashing
Melbourne Securities has paid $13,320 to comply with an infringement notice issued by ASIC in which the corporate regulator claimed it made greenwashing statements.
February 28, 2024
UN Principles for Responsible Investment adds two executives
The UN Principles for Responsible Investment has made two appointments to its executive team.
February 28, 2024
Overseas offers glance to future tech market
With bigger markets in the US and UK, advice tech has developed into a more sophisticated and competitive marketplace, and there are lessons for Australian advisers with these markets offering a glimpse into the future.
February 28, 2024
Closing the global gender gap on advice
Australia’s financial adviser gender gap is well noted with more than seven out of 10 being male. Despite the inequality, Australia only slightly lags behind the Americas and Europe, but is significantly behind Asia.
February 28, 2024
Platform providers look for a target segment but functionality often suits all
An abundance of platforms in Australia has meant it is worthwhile for providers to cater their offering to certain market segments. Research from Investment Trends has found while the myriad of provider strategies and target markets are inhomogeneous, most are capable of servicing across most market segments.
February 27, 2024
Lanteri Partners launches white-label solution with OpenInvest
Melbourne wealth manager Lanteri Partners has launched Medici Invest, an online solution providing investment strategies to a wider audience of emerging affluent Australians.
February 27, 2024
Asena Family Office opens shop in Australia
US-based Asena Family Office has launched an Australian-based arm of its business, with Melbourne boutique wealth management firm Giles Wade joining the group.
February 27, 2024
