MM Newsletter
23 Jun 2023
Latest News
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June sees spike in ceased advisers on FAR

The number of ceased advisers has risen by 73 advisers since the start of June and further losses are expected in the run-up to the end of financial year.

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CSLR passes Parliament

The Compensation Scheme of Last Resort legislation has passed in Parliament, having first been raised back in 2016.

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Financial planning students could be sourced for super fund advice

Students of financial planning degrees could be sourced to provide financial advice to super fund members, according to the Financial Advice Association of Australia.

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Lawyers share their ASIC greenwashing experience

ASIC is looking to make examples of firms when it comes to greenwashing and taking a forthright position when asking them for changes, according to two lawyers who have dealt with the regulator on the matter.

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Equity Trustees reviews UK and Ireland business

Equity Trustees is conducting a review of its business in the UK and Ireland in the face of intensifying competition in the space.

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ASIC accepts court enforceable undertaking from former Capstone adviser

ASIC has accepted a court enforceable undertaking from a former Capstone authorised representative for failing to keep up-to-date records.

Podcast
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Relative Return: The smell test for ESG investment

In this episode of Relative Return, host Maja Garaca Djurdjevic chats to John Woods, deputy chief investment officer at Australian Ethical, to discuss how advisers can embed ESG into their investments to meet clients’ requirements.

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