Which firms got a rap on the knuckles in 1H23? Advice firms accounting for two-thirds of remediation

From greenwashing allegations and interim stop orders to fines and penalties, Money Management has rounded up all the disciplinary actions faced by firms in the first half of 2023.

Financial advice licensees account for two-thirds of firms which have implemented remediation in the past 12 months, according to research.

Nominations and submissions have now opened across 29 categories for the seventh annual Women in Finance Awards.

John Nicoll, national head of sales at Zenith, has taken up a new role at portfolio construction and consulting company InvestSense.

HUB24 has published its Q4 results for the FY22–23, reporting a 14.6 per cent decrease in platform net inflows but a 15 per cent rise in adviser usage.

The regulator has reached out to the Insurance Council of Australia, Council of Australian Life Insurers and Financial Services Council about its review of over 100 TMDs for general and life insurance products.

Risk targeted investing’s approach to changing market conditions combines realism and preparedness, taking the pressure off advisers and their clients, writes Tony Edwards.