With the self-licensing trend here to stay, what are the estimated costs and insurance risks for financial advisers operating their own AFSL without the backing of a larger licensee?

ASIC has secured travel restraint orders against a financial adviser while he is the subject of an investigation into alleged financial misconduct.

Maple-Brown Abbott has finalised an agreement to be acquired by a rival fund manager to create a firm with $18.6 billion in assets under management, just two months after its former CEO exited to lead Magellan.

A new report has forecast how adviser numbers would look in five years’ time and the rate of expected annual growth.

The FAAA’s Phil Anderson has written an open letter calling for a public inquiry to uncover why the case of Dixon Advisory has been so closely guarded given the high volume of losses and effect on the financial advice sector.