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...
Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...
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....
If The Treasurer would reverse his decision to proceed with the 2022-23 INDUSTRY FUNDING LEVY of $55 million on financial advisors for ASIC's investigation and enforcement costs, several thousand former FAR registered financial advisers, including Accountants who know their clients, would reconsider rejoining the profession. Treasury cheats by not crediting ASIC penalties back to IFM 2023 and ASIC allocates other costs not directly related to FAR registered advisors (see Treasury's IFM Final Report June 2023). Then ASIC refused to disclose its costs to Senate Economics References Committee and NACC avoids investigating this malfeasance?? $55 million + ASIC's penalties revenue to Treasury is a more important rip-off than Microprudential Governance for financial advice efficacy in the public interest.