IFA Magazine

is a digital resource that delivers daily online news, analysis and reports to help financial advisers drive business growth.

[IFA Magazine @IFA_AU]

ASIC’s guidance on digital asset innovation and consumer protection will require digital asset businesses to have an AFSL, which also means they will need to be members of AFCA.
https://t.co/ASgJYIbECc

[IFA Magazine @IFA_AU]

Despite being fraught with potential emotional difficulty, advisers need to be talking to clients about how their wealth will be transferred between generations. https://t.co/dgmk7ZPlL1

[IFA Magazine @IFA_AU]

The minister has addressed the super fund trustee’s calls for government assistance to cover its members’ $101 million exposure to First Guardian, while Equity Trustees has confirmed it will also go down this route as it continues to refute wrongdoing.
https://t.co/8vpTLkjJGR

[IFA Magazine @IFA_AU]

#PODCAST: Liz McCarthy and Terry Dillon join host Keith Ford to discuss the transformative role of AI in financial advice and how AI tools are being implemented to drive efficiency. Tune in: https://t.co/hS1bHw3dEU

[IFA Magazine @IFA_AU]

The association’s members have voted on three board positions, resulting in two new appointments and one re-election. https://t.co/VgP5TKu1pz

[IFA Magazine @IFA_AU]

The former director of Shield’s responsible entity and the court-appointed liquidators tasked with recovering funds are trading barbs through media releases, while no one can agree on who will cover the costs for investors.https://t.co/PFidg4lTO2

[IFA Magazine @IFA_AU]

The Actuaries Institute has released what it called the Help, Guidance and Advice (HGA) framework, which it believes can enable “millions of people of all ages to receive support”.https://t.co/UW8CzK8C4a

[IFA Magazine @IFA_AU]

The firm’s super fund trustee subsidiary has applied for government financial assistance to cover the potential fallout for 1,088 of its members caught up in the scandal. https://t.co/pzAIH9cBMU

[IFA Magazine @IFA_AU]

The Federal Court has imposed a range of further restrictions on embattled former adviser Ferras Merhi and his firms, which ASIC said were paid a combined $37 million in either advice fees or marketing payments related to First Guardian and Shield. https://t.co/VuWbwF3fSC

[IFA Magazine @IFA_AU]

The fallout for individuals connected with United Global Capital has continued, with an auditor losing their registration for “extensive and serious” failures.
https://t.co/gKIgDnDAul

[IFA Magazine @IFA_AU]

With advice becoming increasingly inaccessible for younger Australians, utilising family networks could be key to closing the gap, however being aware of conflict of interest is key to this process. https://t.co/W5OCxCCTp6

[IFA Magazine @IFA_AU]

The corporate regulator wants receivers appointed to Venture Egg boss Ferras Merhi’s property as it claims almost US$10 million is in a Cayman Islands company, while Clime Investment Management has entered a trading halt amid an ASIC investigation. https://t.co/RfDO5QrXaq

[IFA Magazine @IFA_AU]

The popularity of MLC managed accounts among advisers has helped drive inflows for Insignia Financial over the first quarter of the 2025-26 financial year.
https://t.co/45TVm1blRV

[IFA Magazine @IFA_AU]

Adviser numbers saw a solid rebound over the last week after an up and down few weeks, while three new licensees also kicked off.
https://t.co/RdrJOS1l7S

[IFA Magazine @IFA_AU]

According to the latest Institute of Managed Account Professionals FUM Census, net inflows grew to $16.7 billion for the first half of 2025 as the market hits “maturity phase”.
https://t.co/wSFgTkC9cK

[IFA Magazine @IFA_AU]

According to a new report, Australia is the second-most targeted country for e-crime in the Asia-Pacific region, with financial services also high on the sector list.https://t.co/EJFXQMz3qQ

[IFA Magazine @IFA_AU]

A peak advising body has welcomed ASIC’s attempts to simplify industry regulation but highlighted the need for concrete reform to ensure reduction in complexity. https://t.co/65KKIJ0bni

[IFA Magazine @IFA_AU]

Liberal National Party MP Leon Rebello has sent a letter to the Financial Services Minister to relay adviser concerns over the Compensation Scheme of Last Resort.
https://t.co/QeQ76eIaxi

[IFA Magazine @IFA_AU]

On the back of $5.2 billion in inflows for the first quarter of the FY2025-26, the platform provider’s funds under administration is nearing $150 billion.
https://t.co/ff6lJDXyfY

[IFA Magazine @IFA_AU]

ASIC has banned another adviser from Shield-linked firm MWL Financial Services, with the investment committee member restrained from providing financial services until 2033.
https://t.co/ugemqU8nID