I really can't see how getting rid of the safeguards with no other changes achieves anything at all. We're still the ea...
Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...
Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...
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....
Yes, in 5 years there'll be 20,000 advisers (incentivised sales reps) working for industry funds flogging their product without having to write and SoA or keep documentation of any kind. The only product they'll recommend is their own fund. The industry funds, labor party and union movement will all be cheering. They'll be soaking up more and more member money for their own socialist agenda. The advertising campaigns for industry funds will go through the roof. I can just see it now, "Free Financial Planning", "No adviser fees or commissions" and so on and so forth. What a total joke! To my way of thinking the Labor Party, Industry Funds and Unions are collectively Australia's version of the Mafia.