Financial Planning Advice revenues to increase: report. Australia's financial advice and investment industry will experience increases in revenue and adviser numbers in the coming years, says an IBISWorld report. Read more from Investor Daily Financial planning practices not so healthy. The average financial planning practice has a lot of room for improvement in major areas such as client communication and succession planning, according to data from financial planning practice consultancy Business Health. Read more from Money Management Superannuation Superannuation funds on the cusp of pre-GFC highs. Default-option superannuation funds are close to revisiting their pre-global financial crisis (GFC) highs, according to Chant West and SuperRatings. Read more from Money Management Research warns super funds on reporting. Super fund members run the risk of being given the wrong information about the performance of their funds, according to a recent analysis by the Actuaries Institute. Read more from Financial Standard Regulatory Gatekeepers to blame for product failings: AIFOP. Independent advice networks now have little control over their future and must hope the Australian Securities and Investments Commission (ASIC) can protect them from “discriminatory actions” against independents. Read more from Professional Planner ASIC's scaled advice call criticised. ASIC's call to treat scaled advice no differently to that of holistic advice has raised more questions than answers surrounding its implementation, industry participants said. Read more from Investor Daily Investments Cash still attractive despite falling rates. Despite bank rates falling for cash holdings, cash is still a very popular choice for investors following a shift in the attitude towards risk. Read more from Investor Daily Flight to safety. In the new financial world order of low returns and high risk, the chorus of voices urging Australians to cool their love affair with shares and embrace the quiet charm of bonds has been growing louder. Read more from Sydney Morning Herald Funds Management Large managers to benefit from reforms. Some Australian-listed financial services companies would get a double lift as the economic cycle swung into improvement mode and smaller competitors fell by the wayside amid a raft of upcoming regulatory changes, a high-conviction fund manager said yesterday. Read more from Investor Daily Are Aussie super funds overweight on equities? MLC’s Brian Parker argues that recent equity-market pain is a catalyst to change the whole asset-allocation conversation with clients. Read more from Professional Planner