ASIC MIS funding will support platform oversight
Minister for Financial Services Daniel Mulino expects ASIC will be instructed to monitor managed investment scheme flows via platform data collection after reaping $17.8 million in this week’s budget for oversight over the next four years. The increased scrutiny aims to help mitigate the systemic failures that reach the CSLR, but the minister has ruled out any changes to the $150,000 investor cap.
May 14, 2026
‘One kitchen, two dining rooms’: How Evalesco and Principal Edge integrated post-merger
The merger between Evalesco and Principal Edge has seen the behind-the-scenes integration of two firms that have retained separate public-facing brands. But it’s meant that long-time Evalesco CEO Jeff Thurecht has stepped back from advice duties, shrinking his personal client base from 120 to zero, so he can focus on managing both businesses.
May 13, 2026
The unsupervised hire: Getting the best from agentic AI
Every adviser conference is talking about it and every vendor is selling it, and the opportunity for practices to use agentic AI is real, writes Michael Connory. But the questions you ask before you sign matter more than the vendor's slide deck.
May 12, 2026
Why emerging markets demand a contrarian, selective mindset
For many investors, the label emerging markets still conjures up fragile currencies, unstable governance and unfulfilled promise, writes Orbis Investments’ Eric Marais. This perception has endured even as the reality across much of the emerging world has changed, creating opportunities underappreciated by investors.
May 12, 2026
Effective diversification is not passive
Many investors believe their portfolios are adequately diversified but on closer inspection they are often concentrated in the same region, investment management styles and the same handful of companies.
May 12, 2026
‘Clickbait’ super ads reaching almost half of Australians: SMC
Almost half of Australians are receiving “clickbait” ads about switching into risky super funds, according to research from the Super Members Council which has called on the government to expedite improved consumer protections.
May 11, 2026
New opposition minister not convinced ‘education is the answer’
New shadow Minister for Financial Services Kevin Hogan is not sold on university degrees being the best pathway to becoming a financial adviser, instead saying that on the job training has been undervalued.
May 08, 2026
Shield, First Guardian collapse could drive YFYS changes
The $1 billion collapse of Shield and First Guardian could result in more externally managed products being included in the Your Future Your Super performance test, after Treasury released a consultation paper proposing sweeping changes to the framework.
May 08, 2026
