Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...
It couldn't happen to a more worthy organisation - good luck to the heroes coming to clean the place up!...
Yes used the money that should have been invested as if it was his own. Thought he was invincible but the house of cards...
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'm not sure why you're surprised at the slowdown. Those that had to leave (licencee bullying / FASEA deadlines) had to go by 31/12/22. Those that managed to get through the ridiculously written FASEA entrance exam, but were shell shocked by the process, are planning to leave before the next FASEA deadline. We're losing all our expert risk advisors. And those of us remaining have given up writing insurance as its a loss leader. Well done to the buracrats who engineered this little perfect storm.