The $54,000 cost of early super drawdown Amid reports of another rush by people to access the second tranche of the Government’s hardship early release superannuation regime, Wealth Within’s Dale Gillham has pointed to the $54,000 long-run impact on people’s superannuation savings. For more.

Advicetech adoption driving advice practice dividends Advice practices willing to invest in technology could be adding up to 20% to their bottom lines, according to a new report from Netwealth. For more.

Melbourne August exam sitting to be online only FASEA will only provide remote proctoring to Melbourne attendees of the August exam due to COVID-19 restrictions, but regional Victoria will continue with physical exams. For more.

Ditch private health premium rises: Choice Private health funds should dump their upcoming October price rises, due to sustained “mega profits” in the industry, Choice says. For more.

Nucleus Wealth says 'remain cautious' Wealth and superannuation manager, Nucleus Wealth, has said it will remain cautious, although it was helped by managing to de-risk portfolios before the markets went into a tailspin. For more.

SelfWealth revamps to capture increased trading activity Smaller broking platforms are seeing increased interest as a result of above-average trading volumes prompted by COVID-19. For more.

Parliamentary committee oversight of FASEA a good thing Regular Parliamentary Committee scrutiny of the Financial Adviser Standards and Ethics Authority may have helped win the adviser support it so badly needs. For more.

InFocus: Individual adviser registration – a step forward on an evolutionary road The chair of licensee Synchron, Michael Harrison sees merit and advantages in a move towards individual adviser registration. For more.