June sees spike in ceased advisers on FAR; CSLR passes Parliament

The number of ceased advisers has risen by 73 advisers since the start of June and further losses are expected in the run-up to the end of financial year.

The Compensation Scheme of Last Resort legislation has passed in Parliament, having first been raised back in 2016.

Students of financial planning degrees could be sourced to provide financial advice to super fund members, according to the Financial Advice Association of Australia.

ASIC is looking to make examples of firms when it comes to greenwashing and taking a forthright position when asking them for changes, according to two lawyers who have dealt with the regulator on the matter.

Equity Trustees is conducting a review of its business in the UK and Ireland in the face of intensifying competition in the space.

ASIC has accepted a court enforceable undertaking from a former Capstone authorised representative for failing to keep up-to-date records.

In this episode of Relative Return, host Maja Garaca Djurdjevic chats to John Woods, deputy chief investment officer at Australian Ethical, to discuss how advisers can embed ESG into their investments to meet clients’ requirements.