FSC back once-off MySuper advice The Financial Services Council has backed MySuper members having access to once-off financial advice, rather than ongoing advice with ongoing fees. For more.

Frydenberg signals changes to deeming rates Tough times and lower interest rates have prompted the Government to put last year’s deeming rate changes under the microscope. For more.

First State Super and WA Super in merger talks The two funds will undertake a due diligence process to explore a merger that would allow access to a more diverse pool of investments and help lower fees. For more.

Stanford Brown expands into accounting Wealth management group Stanford Brown has expanded in accounting with a key acquisition. For more.

UNSW to divest from fossil fuels The University of New South Wales Sydney is moving away from investment in fossil fuels by 2025. For more.

Coronavirus, rate cuts and ATO guide highlight need for SMSF advice Specialist advice for self-managed superannuation funds is necessary to navigate market turbulences caused by external factors, the SMSF Association says. For more.

Custody assets look to offshore markets Total assets under custody rose 8% during the second half of 2019 with $396 billion accounting for offshore markets, according to the Australian Custodial Services Association. For more.

Global PE market hits $3.2t in 2019 Global private equity market showed signs of resilience last year despite deteriorating macro conditions. For more.

Banned adviser pleads guilty Mark Damion Kawecki has pleaded guilty to two counts of dishonest conduct relating to meeting the minimum spread requirement to be listed on the Australian Securities Exchange. For more.

Understanding business insurance Business owners or self-employed individuals in Australia present an opportunity for advisers to engage with customers who may have a greater net-worth and need for financial advice, writes David Glen. For more.