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PracticeOne ASIC portal, two clocks
ASIC's guidance for AFS licensees places corporate, contact and CPD administration changes together inside the Regulatory Portal, where the control question begins.
PracticeThe reporting client moves while the collection stays steady
APRA's brought-forward transition from D2A to APRA Connect matters first to affected entities, and only conditionally to advice practices connected to them.
PracticeThe notification clock starts with the AFS licence detail change
ASIC’s Regulatory Portal guidance covers AFS licence details and the CPD year, while the practice question is how those timing rules connect to internal change processes.
NewsASIC's digital asset relief now has a licence test
For licensees and practices that may be involved in providing digital asset-related financial products or services, the ASIC notice leaves a scope question to resolve.
NewsASIC's growth mandate carries an impact question, with consumer and market integrity protections intact
ASIC's opening statement to the Parliamentary Joint Committee on Corporations and Financial Services explains what the Government's new Statement of Expectations asks the regulator to consider.
EditorialBridging the expectations gap in retirement advice
Most clients arrive at retirement planning with a number in their head and a lifestyle in their imagination. The two rarely match. Bridging that gap – early, honestly and repeatedly – is becoming the defining skill in retirement advice.
EditorialThe diversification illusion: why “balanced” portfolios may be more exposed than they appear
Portfolios that look diversified are often driven by a few forces, mainly US mega-cap tech. Passive indexing amplifies this at high valuations. True diversification means owning differently, not more.
EditorialThe New Age of Advice
NewsThe trustee becomes the gatekeeper: what legislated advice fee caps mean for practices that charge from super
Super trustees will be legally obliged to cap the advice fees they deduct from member accounts. A third party now sets the ceiling on what practices can charge, and will build the controls to enforce it.
NewsA $50,000 sale, 1,400 complaints and a going concern note: the Sequoia case is the profession's live test
Sequoia has disclosed material uncertainty over its ability to continue as a going concern and intends to revive the $50,000 sale of InterPrac. This is where the question of who pays for large-scale advice failure gets answered in practice.
NewsThe prudential fence: why Mulino revived the new class of adviser, and then locked most of the industry out
The new class of adviser is back, confined for at least three years to APRA-regulated super funds and life insurers. Advice licensees and banks are locked out, and the three-year review clause is the part nobody is examining.
EditorialPrivate Markets: breaking through the noise
With growing client demand and expanding access across asset classes, including private equity, credit, infrastructure, unlisted bonds, and hedge funds, advisers are under pressure to navigate this complex space.