AI, cyber threats, and operational risk: businesses must update mindset on managing cyber risk

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Australian businesses are facing a perfect storm of cybersecurity threats, as the rapid adoption of artificial intelligence (AI), ongoing credential-based attacks, and inconsistent governance combine to expose critical vulnerabilities in... Read more continue reading

Arrow Private Wealth named inaugural Par 5 Member Business of the Year

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Arrow Private Wealth, Melbourne-based financial advisory firm has been named the 2024–25 Par 5 Member Business of the Year, recognising its outstanding contribution to the Pancare Foundation’s pioneering Par 5 program... Read more continue reading

CPD: Jump in my CAR. Client Advice Records – why, what, how

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Introduction The forthcoming replacement of Statements of Advice (SOAs) with Client Advice Records (CARs) has once again shone a spotlight on the vexed issue of client communication within financial advice.... Read more continue reading

CPD: Ethics and moral dilemmas

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When it comes to financial advice, the numbers may be black and white, but the ethical decisions often aren’t. This article, proudly sponsored by GSFM, examines moral dilemmas and the... Read more continue reading

Genesis launches $5,000 MLC prize for startup founders

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A new partnership between Genesis, the University of Sydney’s flagship startup accelerator, and wealth management firm MLC is offering startup founders a $5000 award for excellence in startup financial modelling.... Read more continue reading

CPD: Ethics and inappropriate advice

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Inappropriate financial advice exists on a spectrum, ranging from relatively minor oversights to serious breaches of professional duty. At one end, a client may simply misunderstand or misrepresent their risk... Read more continue reading

CPD: Cookie-cutter financial advice – lessons for advisers

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Introduction “Cookie-cutter” advice refers to generic, templated financial advice that is not tailored to an individual client’s circumstances. Because they are not personalised to a client’s ‘objectives, financial situation and... Read more continue reading

ASFA and JANA publish draft Guidance Note to strengthen Investment Management Operational Due Diligence ahead of CPS 230

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JANA and the Association of Superannuation Funds of Australia (ASFA) have released a draft Guidance Note on Investment Management Operational Due Diligence for consultation with ASFA’s membership to help the... Read more continue reading

HESTA strengthens stance on gender diversity on release of new investment management survey results

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HESTA is continuing its commitment to progress 40:40 gender balance across its investment value chain* and will look to commit future capital to gender diverse investment teams. The focus comes... Read more continue reading