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...
Commissioner Hayne recommended Consent Forms to stop Bank Executives [not Advisers] illegally taking fees out of consume...
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....
,... "targeting areas .. Cover a greater scope of operators in the financial services market (including, for example, non-AFSL holders)." Why do AFSL licensees have to pay the financial adviser's levy for ASIC investigation and enforcement costs on non-AFSL holders, amounting to $46.4 million in 2022-23, when AFSL holders have done nothing wrong? Why does this appear to be a breach of Common Law in respect of procedural justice and distributive fairness in abusing AFSL licensees that were Invoiced $46.4 million on 29 January 2024?