Former Godfrey Pembroke CEO to lead Vital Business Partners
Outgoing Godfrey Pembroke chief executive Mark Fisher will lead outsourced paraplanner specialist firm Vital Business Partners, having departed the licensee after it secured its adviser ownership and exit from Insignia Financial. Fisher tells Professional Planner the new role will put him at the forefront of helping advice practices drive efficiency.
May 20, 2026
ASIC left with little room for error with increased MIS funding
Minister for Financial Services Daniel Mulino has made clear there will be no excuses for the regulator over the next MIS collapse, clearly outlining ASIC will have oversight of finding red flags with the $17.8 million received from last week’s budget geared towards fulfilling that objective.
May 19, 2026
New Godfrey Pembroke head says appointment cements ‘adviser-led’ ethos
Incoming Godfrey Pembroke executive director John Nantes says the board's decision to appoint him to the role cements its historical "adviser-owned, adviser-led" ethos. Nantes replaces Mark Fisher, who is leaving after two years with the group and oversaw its exit from Insignia Financial.
May 18, 2026
ASIC to commence MIS auditing in FY27
ASIC will begin reviewing the financial reports of managed investment schemes (MISs) as part of the regulator’s FY27 priorities, as scrutiny ramps up on MISs in the aftermath of the $1 billion Shield and First Guardian collapse.
May 18, 2026
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
