Chris Dastoor

Equity Trustees has argued it was a victim of fraud from Shield and First Guardian, but court documents from ASIC allege the trustee was required to conduct due diligence on any fraud-related investment risk.

The Association of Independently Owned Financial Professionals has selected DASH as the platform partner for its white label platform, after InterPrac Financial Planning advisers faced industry blacklists.

ASIC deputy chair Sarah Court believes the fresh funding received in the budget for managed investment scheme (MIS) oversight won't be a “silver

The Financial Advice Association Australia has called for an investigation into the involvement of social media platforms in the $1 billion Shield and First Guardian collapse.

The Super Members Council has pushed back against the government's proposal that would require lead generators to be licensed, arguing the practice should be outright banned.

Despite geopolitical turbulence, markets are avoiding short-term turmoil and reacting to the underlying fundamentals showing the strength of major economies, according to AMP.

APRA's performance test captured the fast inflows of Shield and First Guardian, but the prudential regulator says it didn't have the capability to investigate any red flags in the data.

Licensees should be entitled to controlling platform data as they are ultimately responsible for governance of advice by network operators, the Professional Planner Licensee Summit heard.

PictureWealth has acquired Capstone Financial Planning, turning the wealth fintech founded in 2017 into one of the largest licensee owners in the country.

The Licensee Leadership Forum has been working on an AI governance due diligence program to develop best practice guidelines to lift industry standards.