While overall financial adviser numbers have dipped below 15,500 this week, Rhombus Advisory is experiencing growth and approaching 500 advisers in its ranks.

In its FY24 breach reporting data, ASIC has identified increased reporting by smaller AFSLs while firms are still identifying staff negligence as the most common root cause.

Iress’ Xplan continues to dominate the financial planning software market with a multitude of uses, according to Netwealth research, despite newer players battling for a piece of the pie.

Deloitte’s Andrew Boal believes digital advice delivered by superannuation funds is years away yet and will be hindered by the regulatory differences between financial advice and financial product advice.

Outflows from an Australian private markets fund manager have caused FUM at Pacific Current to decline by $1 billion in the last quarter.

Former RIAA chief executive Simon O’Connor has joined the ethical advisory panel at U Ethical Investors.

In this episode of Relative Return, host Laura Dew speaks with Eric Braz, portfolio manager at MFS, to discuss the world of small and mid-cap equities.