FAAA welcomes Conaghan’s return to shadow portfolio
Nationals MP Pat Conaghan will return as Shadow Minister for Financial Services, after he was briefly sidelined from the portfolio due to the Coalition’s fallout over the Labor government’s hate speech laws. The Financial Advice Association Australia welcomed the move.
February 10, 2026
‘The commerciality is there’: PY advisers offer short-term benefits
Despite the perception by advice practice leaders that hiring a professional year (PY) adviser offers more cons than pros, one adviser has argued there is a significant return on investment from bringing on an emerging adviser – even if they don’t stay with the business long term.
February 09, 2026
Older Australians at risk of conflicted and inaccurate aged care advice
Gaps in the regulation of financial advice are exposing older Australians and their families to “conflicted, inconsistent and inaccurate” advice on aged care from a growing number of unlicensed providers. Assyat David, director of Aged Care Steps, has five recommendations to strengthen consumer protections.
February 09, 2026
Fund switches driven by who serves advisers the best
Some 70 per cent of super switches are driven by advisers, but whether that’s in the best interest of the client or the adviser is another matter. According to research from CoreData, advisers are the decision-makers and the funds that are easiest to work with will gain flows.
February 06, 2026
120 advisers still to decare post-education deadline eligibility
There are still 120 advisers who either don’t have appropriate tertiary qualifications or have flagged they qualify for the 10-year experience pathway, according to the latest figures from Padua Wealth Data which comes after the 30-day deadline to update the FAR has passed.
February 05, 2026
DBFO new class of adviser unlikely to survive Shield, First Guardian fallout
Minister for Financial Services Daniel Mulino has concerns about legislating the new class of adviser and continuing the Delivering Better Financial Outcomes reforms due to the Shield and First Guardian collapse. Instead, the government’s priority has shifted to adding more consumer protections with an “extensive consultation period” coming.
February 04, 2026
Advisers shouldn’t be the only ones paying for unlicensed enforcement: FAAA
Financial advisers aren’t the only beneficiaries of action against unlicensed advice and the whole system should be paying for enforcement, the Financial Advice Association Australia has argued in its pre-budget submission.
February 04, 2026
Industry funds coming under pressure from adviser platforms
Not only are HUB24 and Netwealth winning competitive flows, but the large former bank platforms are also participating strongly and it’s coming at the expense of industry funds, The Conexus Institute’s 2026 State of Super report shows. The institute believes that this trend will continue unless industry funds can improve their advice services to members.
February 04, 2026
Shield, First Guardian enforcer Sarah Court to replace Joe Longo as ASIC chair
ASIC deputy chair Sarah Court, currently the corporate regulator’s top enforcer in the Shield and First Guardian scandal, will succeed outgoing chair Joe Longo. The appointment comes ahead of the Professional Planner Advice Policy Summit this month where she will provide an exclusive briefing on the collapse and discuss the regulator’s priorities in financial advice.
February 03, 2026
Trump Fed chair pick Kevin Warsh favours good governance and new ideas
Kevin Warsh’s strong views on economic governance, and his precocious nature, will hold him in good stead as he takes the reins of the US Federal Reserve at a time where concerns over cost of living, inflation and upward mobility are a test of President Trump’s second term. For investors his views on the conflating of monetary and fiscal policy are key considerations.
February 03, 2026
