I don't have any faith in the regulator. I've stopped reading these and just think some poor guy got busted for a spell...
By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...
Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...
AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....
A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
The accommodation/compromise/clawback of standards help the Industry funds. Look at the boards of those funds, any familiar names? Think unions and ex Labor pollies.
After gutting the industry of experienced advisers, the solution to all the problems is to have salespeople give advice. The standard of being called “qualified” must be in sales- but not advice.
Using that terminology is misleading and the Minister needs to reconsider who he is serving.
Disgraceful and shameful.