3+ day, 11+ hour ago   (513+ words) Shane Monte Silva, formerly an authorised representative of FSGA and financial adviser at AS Financial Planning Pty Ltd, was initially banned by the regulator on 10 December 2025 after finding he had contravened financial services laws when providing superannuation switching advice to…...

5+ day, 7+ hour ago   (469+ words) This comes not long after insurance comparison sites were seemingly spared from the government’s proposed changes to lead generation laws. According to ASIC, the Court found “Choosi made representations to consumers that conveyed it compared products from a range of…...

5+ day, 11+ hour ago   (841+ words) On 19 August, Financial Services Minister Daniel Mulino unveiled a suite of reforms covering several key areas of financial advice and superannuation, including the CSLR, and specifically the special levy disallowance period. At present, the disallowance period is 15 sitting days of…...

6+ day, 12+ hour ago   (1040+ words) This provision allows super trustees to seek financial assistance from the Financial Services mister to cover losses resulting from fraud. In this case, that related to the $240 million lost across 2,079 members connected to Diversa. In his opening statement, Diversa independent…...

6+ day, 13+ hour ago   (347+ words) MLC has returned to air with the second phase of its ‘A Lifetime in the Making’ brand campaign, taking a retirement message through the AFL and NRL finals. The brand story repositioned retirement as something built day-by-day rather than at…...

1+ week, 4+ day ago   (440+ words) This comes at a time when ASIC continues to warn of dangers of the bad, unofficial online and digital advice and casts its regulatory spotlight on ‘finfluencers.’ The issue remains, however, that financial literacy needs lifting, especially as Australia enters…...

2+ week, 3+ day ago   (293+ words) The document is simply the final output. That’s why the future of AI in financial advice won’t be defined by what AI can produce. It will be defined by what the AI can access. Everything in one place But advisers…...

2+ week, 3+ day ago   (335+ words) Overall, Generation Life saw a 35 per cent uptick in funds under management (FUM) up to $5.95 billion and annual gross sales surpassing $1.5 billion. Of particular note for Generation Development Group was the growing interest in investment bonds from advisers. “Demand for…...

3+ week, 4+ day ago   (400+ words) Advisers can now place clients into Allianz Retire+ guaranteed lifetime income solution using superannuation money without going through a platform, following the launch of Guaranteed Income for Life: Super+ (AGILE Super+). Allianz Retire+ said the pathway responds to adviser demand…...

3+ week, 5+ day ago   (355+ words) Released through its annual Impact Report, AIA said the numbers demonstrate that the insurer is supporting Australians through some of life’s most challenging moments. Breaking it down, the insurer said it paid $726 million in TPD claims across 6,365 per case. This…...