Picture Wealth Advisory Pty Ltd (Broadbeach)

Shield investors launch Macquarie class action

18 September 2026, 12:47pm

Gordan Legal commenced a class action against Macquarie Investment Management, alleging the investors in the collapsed Shield Master Fund have not been fully compensated for losses affecting their retirement ... Read more

Sequoia plots potential restructure

18 September 2026, 12:47pm

Sequoia Financial Group, the parent company of InterPrac Financial Planning, is conducting a thorough review of all its operating subsidiaries for a potential restructuring. Read more

Paul Chiodo sues Shield-linked City Built, director for $200m

18 September 2026, 11:14am

Former Keystone Asset Management director Paul Chiodo is suing City Built, its director Roberto Filippini, and members of his family, who are tied to the collapse of the Shield Master Fund, for $200 million ... Read more

Stay up to date with regulatory compliance at the FAAA Congress

17 September 2026, 11:57am

The upcoming Financial Advice Association Australia (FAAA) Congress will explore ASIC's key focus for the remainder of the year, while shedding some light on the ongoing developments from the Australian ... Read more

MDS drags Treasury to assess FSC levy proposal

16 September 2026, 12:35pm

My Dealer Services (MDS) has called on Treasury to assess the Financial Services Council's (FSC) latest proposal to lift levies paid by licensees to ASIC, which it describes as an "attack" on small licensees. Read more