Paraplanning

In Summary The 2026-27 federal budget handed ASIC fresh funding from FY27 to tighten its oversight of managed investment schemes, and the regulator is opening reviews across lead generation and SMSF advice. Documentation quality and audit readiness will carry more weight than ever. Sweeping changes to capital gains tax, negative gearing and trust taxation create…

In Summary Labor’s proposed capital gains tax reforms have triggered urgent demand for strategic advice among high-net-worth clients, with an estimated $4.4 trillion in HNW wealth currently underserved by financial planners. Only one quarter of high-net-worth Australians currently use a financial adviser, but growing complexity around tax, succession and multi-entity structures is driving that number…

In Summary The Australian financial advice profession has undergone a structural transformation, with 82 per cent of AFSLs now privately owned by boutique practices of ten advisers or fewer. Median advice fees have risen 86 per cent since 2019, reaching $4,668 in 2025, reflecting higher compliance costs, greater complexity and the growing value of independent…

New research from Natixis Investment Managers, reported in Financial Standard, has put a sharper point on something the advice industry has been circling for several years. The great wealth transfer is underway, and adviser retention through that transition is far from guaranteed. The numbers are confronting. Sixty-five per cent of investors do not plan to…

A recent report in IFA confirmed what many advisers are already seeing in client meetings: multigenerational living is becoming mainstream in Australia, driven by housing affordability pressures and a generational rethink of what financial security actually looks like. The headline figure is striking. Fifty-five per cent of Australians surveyed by AMP are open to shared generational…