A failure to provide a valid ‘legislation, economic, or products’ reason to make disproportionate changes to the BOLR policy forms the crux of AMP Financial Planning’s defeat in Federal Court.

As the new financial year kicks off, financial advisers will need to ensure their clients — especially those approaching retirement — are in the right place for their superannuation as multiple changes take effect.

Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year.

The median balanced super fund option has managed to beat expectations for returns in the last financial year thanks to strong performance by equities and listed property, according to SuperRatings.

The Financial Advice Association Australia has recorded over 8,700 membership renewals, including over 80 per cent of eligible practitioner members.