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....
I'll be flying to work in my flying car too hey.. Given the compliance regime and anti adviser sentiment at ASIC I don't think anything will change much. The Electronic Communication Act was signed off in 1999 but only adapted by Investments and Super funds during Covid some 21 years later ..she's dreaming. Advisers tend be innovators but the compliance framework is limiting innovation and for large firms a change in tech involves big dollars.
Mid 2021 I moved from COIN software to a new "leading edge" popular software program and the only innovation in 20 years in financial planning software is the colours have change. ASIC should be ashamed of themselves.