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....
Hon Minister Jones should seek advice from the Australian Commonwealth Actuary about the number of financial advisers needed for a population of 26 million in order to implement Quality of Advice Review. My intuitive estimation is 1% of population or 260,000 financial advisers to have a quality vibrant advice profession. Minister Jones, 30,000 is only a water droplet in a bucket and will never compensate for the opportunity cost on the bushfire of the lack of qualitative financial advice in Australia. By comparison, the household savings ratio in Asia was 44%. Excluding SGC, what is the household savings ratio in Australia?