Is pursuit of a CSLR just a cover-up for Govt’s PI failure? The Financial Planning Association has questioned the need for a Compensation Scheme of Last Resort when the Government has for nearly a decade failed to address the problems with professional indemnity insurance. For more.

OneVue aims to keep Madison FUA The Information Memorandum around OneVue’s sale of Madison has been issued with the company making clear its desire to maintain Madison’s FUA on the OneVue platform. For more.

While Canberra debates, APRA acts on climate risk The Australian Prudential Regulation Authority has foreshadowed the development of a climate risk practice guide for the financial services institutions it regulates. For more.

Money Management’s Fund Manager of the Year Awards are changing After more than 30 years, Money Management’s Fund Manager of the Year awards are evolving to deliver a whole-of-market approach via the involvement of multiple research houses and industry partners. For more.

Amnesty bill does not prevent future underpayment The unpaid superannuation amnesty bill will help recover around $200 million which is less than 5% of the annual unpaid super bill, according to Industry Super Australia. For more.

Piecemeal advice key to better outcomes Limited advice documents can help create engagement from clients and better understanding for advisers rather than producing a full statement of advice after every session, according to an adviser. For more.

Return to fundamentals key to navigating 2020 2019 was a strong year for equities, but according to a T. Rowe Price portfolio manager that momentum won’t always last, so fundamentals and stock selection will be important. For more.

Will the bushfires prompt a deeper look at ESG? The Australian bushfires could prompt an increased awareness of sustainability funds, according to Mirova fund manager Jens Peers, as Australia lags behind Europe in uptake of these strategies. For more.

Unpaid super amnesty bill passed The government expects at least $160 million of superannuation to be paid during the six-month amnesty period. For more.

Charterhill director pleads guilty George Nowak has pleaded guilty after investigations found he had misappropriated $1.2 million in self-managed superannuation fund monies. For more.

Let prudence prevail Life insurers are under the spotlight of APRA over their handling and the sustainability of disability income insurance claims, writes Integrity Resolution’s Col Fullagar. For more.

How do the ultra-rich invest? Adrian Frinsdorf explains how wealth advisers can tailor a portfolio for ultra high net worth investors and how their needs differ. For more.