Insights from Ensombl has ranked practice management as the most frequently discussed topic among financial advisers as many move away from a licensee to set up their own businesses.

The Financial Services Council is proposing to make the sophisticated investor test less subjective as currently wholesale fund managers are hesitant to apply it.

Following the closure of four investment teams last month by First Sentier Investors, Colonial First State has proposed multiple replacement managers for the CFSIL funds.

ASIC has cancelled the AFSL of a Victorian asset manager, seven months after an officer of the company was charged with money laundering offences in an AFP investigation.

Vital Business Partner has launched a new coaching solution to assist financial advisers and business owners looking to grow their practices and drive efficiencies.

ASIC chair Joe Longo has told a Senate select committee that it has been running two pilot AI programs, including one to read public submissions.

Asset managers have shared how it may be time for advisers to switch clients out of cash and term deposits and back into bonds.