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....
Ok expect a royal commission in 3 years when it's proven that garbage industry funds are providing vertical integration advice, rolling funds from better performed funds (either, other industry or retail funds) into their own poorly performed products. Reminds me of Happy Gilmour (it's like a carousel Happy").
If only someone who actually knew and cared about the industry made decisions on the matter, maybe there would be hope of getting it right...
Completely nuts and back to the same scenario that caused the issues in the first place!