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....
To further your IT analogy, what if the government set up a "Standards Board" stacked with people aligned to companies selling Windows 11 courses? Would it be surprising if they introduced a requirement for everyone to do an "Approved" Windows 11 course regardless of prior experience and education?
Would it be corrupt, immoral and unethical for those course providers to abuse their power in that way?
Would it be surprising if the government eventually realised the monster it had created and shut down the Standards Board and waived the education requirements for experienced practitioners?
Would anyone feel the slightest sympathy for those course providers if their ill gotten revenue streams were turned off earlier than they had planned for?