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....
I'm ok with paying a reasonable amount of levy but this is not at all reasonable.
A small licensee with 6 advisers will pay $20k in levies and total licensing costs including software of over $100k per year. And that's assuming a perfect record of no complaints ever. Get 1 complaint and you can add another $20-30k onto that.
So much for wanting advice to be more affordable.