Nowhere else in the world do innocent bystanders have to pay for the losses incurred to investors due to failed business...
Yet everything states profitability is much higher in a larger practice. As a smaller planning practice it is a hard sl...
Not possible to coninue if the cost is given to remaining advisors ...
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....
While there is a strong need to replenish adviser numbers in our battered profession, the Royal Commission teaches us the importance that super funds need to be put on a similar regulatory program as advisers under the AFSL regime. There cannot be any relaxation of education or supervisory standards, conflicts need to be managed or eliminated and importantly super funds need to participate in ASIC cost recovery principally the ASIC Levy. Shortcuts in this area will set us back a decade or two on the journey toward becoming a profession.