Thousands of advisers still lacking approved degrees; Former adviser permanently banned

There are still over 3,000 financial advisers on the Financial Advisers Register who are without a degree and expect to rely on the experience pathway to continue their careers.

A former Brisbane-based financial adviser has been permanently banned from any involvement in financial services.

The financial services ombudsman has secured $1 billion in compensation and refunds for consumers since 2018 and is on track to receive close to 100,000 complaints this financial year.

The Federal Court has issued a permanent injunction against finfluencer, Tyson Scholz, to prohibit him from carrying on a financial services business.

John Allmey, former head of investment specialists at BT, will become a strategic relationship leader for wealth management at Mercer following the sale of BT Investment Solutions and Advance Asset Management.

The ETF provider has launched the Australia ex Financial & Resources ETF, offering a way for investors to diversify their Australian equity exposure away from the major players.

When it comes to a business merger, achieving the voting approval can be just the first step.

When it comes to human interest stories, the Australian Prudential Regulation Authority is keen to let the organisations it regulates know its staff are more than just faceless automatons.

Outsider is hopeful of the news from advice firm Invest Blue that it is trialling a move to a nine-day fortnight for its staff.