‘We’re not trying to push SMAs’: Advisers challenge managed account premium
Managed accounts promise efficiency for practices but whether or not they help clients is up for debate. Despite support within the profession, there are some advisers who do have concerns about their usage and will act cautiously, while others will avoid using them altogether.
February 11, 2026
More super fund CEOs receiving seven-figure pay packets
A complex regulatory environment, intense public scrutiny and more sophisticated investments mean superannuation executives have an increasingly difficult job to do, and more fund CEOs than ever before now earn $1 million a year or more. The latest super fund Salary Survey examined how their pay packages in FY25 reflected the new reality.
February 11, 2026
MIS consultation zeros in on high-risk super switching
Greater scrutiny of superannuation switching and more regulatory oversight of managed investment schemes (MISs) are on the cards as the government released another consultation in response to the $1 billion Shield and First Guardian collapse.
February 10, 2026
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
