Sorry, every July I meet with each client who signs off on their FDS which disclosed adviser fees paid for the last 12 m...
Meanwhile the government says it wants to lower the cost of advice. The governments regulator is ballooning how much t...
If an adult signs a form stipulating a payment to occur, that should be the end of the matter - no need for the governme...
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....
Thank you for publishing this highly relevant data. Advisers should be seeing the PI insurance premiums on a declining trend. It would be learning to see data %s on (1) conflicts of interest (2) SMSF related (3) other forms of inappropriate advice? Also, the industry professional association should be encouraging restorative justice instead of banning as a last resort, because when an adviser gets banned, there is no program to assist their clients recover, which is [Minister Jones] the consumer is at the core. The adviser gets banned, but if a new adviser takes over, the new adviser's PI insurance premium escalates seriously. If ASIC applied restorative justice when there was no reckless illegality, then the resorted reeducated adviser becomes a high compliance advocate, with the consumer at the core.