In a rare speech, former High Court justice, the Honourable Kenneth Hayne, has questioned whether advisers can ‘stand in more than one canoe’, when it comes to conflict of interest between client and product provider.

With ASIC playing a role in interpreting the law through materials like regulatory guides and in part enforcing the law through stop orders, a panel has questioned if the regulator could occasionally toe the line of overreach.

Minister for Financial Services, Stephen Jones, has offered an update on the Quality of Advice Review, which he said had been previously delayed due to the federal budget.

With artificial intelligence thriving, Platinum investment manager, Cameron Robertson, believes there are still mispricing opportunities available in the space.

Two fund managers have made senior appointments this week with Milford appointing a portfolio manager and 4D Infrastructure hiring an investment director.

Members of AustralianSuper will see reduced insurance costs after a review prompted the fund to cut fees by an average of 11.8 per cent.

Inflation is set to be a key challenge for clients as we enter a period of core inflation which will be more difficult to budge without an economic slowdown to ‘reset’ the economy, writes Tony Edwards.