Meanwhile the government says it wants to lower the cost of advice. The governments regulator is ballooning how much t...
If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...
Commissioner Hayne recommended Consent Forms to stop Bank Executives [not Advisers] illegally taking fees out of consume...
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....
AMP isn't alone here. There are many AFSL holders that make promises to advisers and never deliver them. It's a sad reflection of the profession, despite the ongoing professional development that's been undertaken by advisers themselves. Instead of regulating advisers more, they should focus on improving AFSL holder behaviour. This ruling by the caught should be a wake up call for everyone who runs an AFSL. Treat your advisers as business partners if you want to get anywhere.