How many banned advisers have moved into advice management? The Financial Planning Association wants managers of advice licensees subjected to the same reference-checking protocols as advisers in circumstances where it says it has evidence that some banned advisers have moved into management. For more.

FASEA’s Professional Year requirement ‘unworkable’ The FASEA’s Professional Year requirement has become a roadblock in the new environment for young advisers attempting to enter the industry, according to Wealth Today. For more.

Licensees earn their stamping fees and should keep them Licensees work hard for the stamping fees they are paid and should be entitled to keep them, according to Investment Collective managing director, David French. For more.

Future of group purchasing bodies unclear Firms looking to structure its group purchasing arrangements should look to alternatives as the group purchasing body relief might be replaced soon. For more.

Calls to bridge the gender super gap Women in Super and Industry Super Australia are calling on the Government to make changes to the superannuation system which would help bridge the gender super gap. For more.

Douglass’ fears over potential Sanders nominee Magellan fund manager Hamish Douglass has warned he is worried about the possibility of a ‘worrying’ win for Democrat candidate Bernie Sanders and its possible ramifications on markets. For more.

IFAA partners with New Zealand firm MMC Administration and consulting firm MMC has acquired super fund administrator IFAA. For more.

Hayne erred on intrafund and MySuper The Government needs to accept that the Royal Commission did not get everything right and that it needs to put aside its politically expedient rubber-stamp where advice within MySuper products is concerned. For more.

InFocus: If you thought that breach reporting was tough enough now… Australia’s dob-yourself-in breach reporting is hard now, but things are about to get a lot harder, writes Holley Nethercote’s Paul Derham and Michael Mavromatis. For more.