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....
PS i'm an ex-auditor (Price waterhouse) and have run audit departments in listed and government executive roles. I tried to engage both the chairwoman and the audit / corporate governance sub-committee on how audits are supposed to be run. Their answer was basically to refuse to take my calls - although to give her her due, Hazleton did delegate it to internal execs to address my concerns. They swept it under the carpet. And ASIC said they had so many cases open against AMP that they just couldn't open another one and they preferred to let the court case complete first before digging in.
For a while there, I think AMP's audit department was their highest earning profit centre! Now that would be an interesting stat to get hold of Laura Dew - what were the KPIs of former auditors employed within AMP......???