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....
Is the way to facilitate affordable financial advice to all Australians?
What this achieves is to further increase the cost of financial advice, so only the wealthy can access financial advice.
Most of the losses are caused by product providers, however financial advisers seem to be targeted under this scheme. CSLR should be broken down into subsectors and the levy should be limited to our sector on its own. Product providers should fund their own CSLR scheme as they cause the most claims that are unfunded.