Financial planner, Gavin Fineff, used his position as a trusted adviser to swindle a dozen victims and feed an insatiable gambling addiction that ultimately landed him in prison last week.

Insignia has announced it has changed the naming conventions used to describe its adviser channels, now divided into professional services, self-employed, and self-licensed.

The Treasurer has confirmed inflation has “passed its peak”, as data shows CPI inflation fell in the 12 months to the March quarter.

The Federal Court has ordered Michael Dunjey’s Ascent Investment and Coaching Pty Ltd and its unregistered managed investment scheme, which owe $149 million to clients, be wound up.

TAL will deliver a learning program focused on the Code of Ethics that will count towards advisers’ CPD requirements, as part of its “Ethics Month”.

Two senior executives have been appointed to lead BetaShares’ distribution and client service efforts across Western Australia, Tasmania, South Australia, and Victoria.

With the recent spate of data breaches now extending to the financial services industry, AFSLs are racing to ensure that their information management procedures are up to scratch, writes Samantha Hills.