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 suggest an attractive alternative is to foster a collegiate advice response, with each entity (accounting, financial, estate planning etc) still remaining independent, without an added corporate overhead to support, and strictly client focused. This could be achieved by 'collegiate' entities agreeing to empower and prepare all clients through personal longevity planning (where time is the bottom line). Each entity is then working as part of a team for the client, with a genuinely holistic outcome underpinned by each person's (and their partner's) longevity plan. With excellent communications now available, increased aggregation can be less attractive and more prone to dis-empower advisers and clients.