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....
Risk Advisers exited the profession in droves because they copped a LIF invoked 40% pay cut which rendered business commercially unviable for most, and only marginally viable for those who chose to remain. Those who still write risk usually only do so for clients with higher annual premiums (i.e. forget the 20 - 35 year old age bracket) or when cross subsidised against other income generating services (i.e. accounting / mortgages / complex advice). If it's not commercially viable, Advisers won't offer the service. Economics 101.