What now for Madison? The voluntary administration of its parent company Sargon has raised questions about the future of dealer group, Madison. For more.

If FoFA cost $3 billion, what will FASEA cost? The Government and the industry needs to start counting the cost of the Financial Adviser Standards and Ethics Authority regime implementation in circumstances where no one has satisfactorily measured the financial impacts and consequences. For more.

Does size matter? Is it safer to choose a bigger fund manager or can boutique funds reliably offer strong returns? For more.

Focus on retirement phase needed The Retirement Income Review should not neglect looking at the retirement phase and needs to encourage governments to remove super policy from the budget policy cycle, the SMSF Association believes. For more.

CFP certification available as part of Master of Financial Planning Deakin University’s Master of Financial Planning degree will now include the CFP Certification Program under a new partnership with the Financial Planning Association of Australia. For more.

David Neal appointed IFM Investors CEO The Future Fund chief executive will take the lead at IFM investors, replacing Brett Himbury. For more.

FASEA expands education programs The list of approved education programs and courses to meet the Financial Adviser Standards and Ethics Authority has been expanded following a consultation process. For more.

Permanent ban for self-licensed adviser/accountant Alleged misappropriation of client SMSF funds has seen a self-licensed Sydney financial adviser permanently banned by the Australian Securities and Investments Commission. For more.

Australian Ethical appoints CEO Australian Ethical Investment has announced that John McMurdo has been appointed as chief executive and managing director. For more.

Are SMAs a good solution for everyone? With a wide variety of managed account types available, writes Oksana Patron, a global SMA could be an opportunity for advisers to expand their horizons from traditional options. For more.