The government has released the first consultation on its Delivering Better Financial Outcomes reforms, focused on removing regulatory red tape.

Sequoia has announced plans to boost growth by acquiring sub-scale licensees, noting only 2 per cent of AFSLs have more than 100 advisers.

The holistic advice firm has reached the final stage of its Ironbark Asset Management merger as its managing director, David Stephen, discusses the firm’s future growth strategy with Money Management.

Count has indicated the Diverger acquisition will not be its last as chief executive Hugh Humphrey says the firm has sufficient “firepower” to make more in the future.

HUB24 has unveiled the features of its low balance Discover product and the managers it is working with on managed portfolios.