There needs to be a “mindset change” around breach reporting by licensees and advisers as, rather than be pleased, ASIC will more likely be suspicious if a firm has no breaches, according to a compliance expert.

The Financial Advice Association Australia has thrown its support behind the use of Digital ID in the financial advice profession to replace challenging and time-consuming client identification exercises.

The corporate regulator has confirmed it will incorporate legislative amendments to the financial adviser exam, with the March exam set to reflect the changes.

Iress remains steadfast to deliver on its promise of being an incumbent in the financial software market, which will include offering AI toolkits to advisers.

JANA has been chosen as the investment adviser for a national financial advice firm, its second appointment this month.

Multiboutique asset manager Warakirri Asset Management has appointed a head of sustainability, a newly created role for the business.

The importance of fund managers being authentic in their approach to these investment principles and “walking the talk” has never been important, writes Damian Cottier.