I don't have any faith in the regulator. I've stopped reading these and just think some poor guy got busted for a spell...
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...
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....
FUM - follow the money. "It resulted in consumers rolling over from high-performing, low fee profit-to-member funds to poorer-performing retail funds, shelling out up to $6,000 in adviser fees in the process."
Is why we have all the red tape - and product providers don't? Seems these low fee profit-to-member funds have benefited from the elimination of the Banks/AMP and are looking set to benefit from Michelle Levy's recommendations.