Overwhelming majority of shareholders vote for Insignia sale
Shareholders have given the nod to CC Capital’s $3.3 billion acquisition of ASX-listed Insignia Financial, bringing the firm closer to de-listing pending court approval later this week.
April 13, 2026
Sequoia says InterPrac guarantee will remain in place after sale
Sequoia Financial Group has scrambled to reassure creditors and potential creditors of its troubled InterPrac Financial Planning licensee subsidiary that a deed of cross-guarantee of its liabilities will remain in place, even if it is sold to Conquest Investment Partners.
April 10, 2026
The world won’t wait for the investment committee
The institutions managing long-term savings might not be built to respond at the speed the world now moves. The gap between knowing and acting – which, ultimately, is where all risk lives – is one they can’t afford to keep open.
April 10, 2026
Sequoia admits misleading ASX on media engagement
Sequoia Financial Group has admitted inaccurately representing to the market that Professional Planner breached an agreement to embargo a report of the sale of InterPrac Financial Planning. In a letter to the publication’s editors, Sequoia managing director Garry Crole apologised and praised their editorial integrity.
April 09, 2026
ASIC bans Shield, First Guardian-linked adviser for false SOA attributions
The corporate regulator has permanently banned former Venture Egg adviser Aristotle Papapavlou for allegedly presenting Statements of Advice in his name, or in the names of other financial advisers, to clients that neither he nor the other financial advisers had ever met.
April 09, 2026
ASIC seeks court intervention into InterPrac sale
ASIC has commenced Federal Court proceedings seeking the appointment of a receiver to investigate a proposed sale of InterPrac Financial Planning over concerns the new owners would avoid paying mounting liabilities of the firm.
April 08, 2026
Govt to ban advice fee deductions from super for fund switches
A ban on advice fee deductions from super for switching funds, requiring platform trustees to compensate members for losses, ending ‘but for’ determinations from the CSLR, and higher restrictions on lead generation are among the suite of reforms proposed by the government across three different consultations launched on Wednesday.
April 08, 2026
‘No Shield or First Guardians’ in managed accounts
Scrutiny of managed accounts is unwarranted given their track record which is yet to see a collapse like Shield and First Guardian or Dixon Advisory, according to a pair of proponents of the vehicle, which has layers of fiduciary responsibility preventing a similar type of failure.
April 07, 2026
MWL adviser banned 3 years for Shield breaches despite 3-month tenure
A financial adviser who spent three months with MWL Financial Services has received a three-year ban for breaching best interests duty when he advised six clients to invest in the Shield Master Fund.
April 07, 2026
Volatile markets put minimum volatility strategies in the spotlight
The assumption that higher risk equals higher returns is generally true, however, BlackRock believes there is empirical evidence that less risky stocks deliver similar or even better risk-adjusted returns than higher volatility stocks over the long term.
April 07, 2026
Building resilience when traditional diversifiers disappoint
Investors are paying more heed to diversification after an exceptionally bumpy start to the year in equity markets. For those after global equities exposure without the rollercoaster ride, minimum volatility strategies may offer an attractive alternative.
April 07, 2026
