Not possible to coninue if the cost is given to remaining advisors ...
In Australia this was the country of a "Fair Go". This Government is using us. We need direct action and we need to figh...
I am reading a lot about the unfairness of CSLR, QAR etc etc and it is clear that there is massive inequity taking place...
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....
So safe harbour is gone. Glad I studied the Corps Act so diligently for the FASEA exam.
And speaking of 'best interests,' if I go into one of the major banks and ask for a recommendation for an equity fund, is the 'qualified adviser' going to recommend another bank's equity fund because it is better managed, has lower fees and a higher rate of return for less risk?
Same for superannuation 'qualified advisers.'
Maybe the CoE will be the next to go because it doesn't suit the big institutions? But we will prioritise the best interests of the client! To quote another idiot "You can't be serious!"