LAYERED ADVICE
Financial planning
Tackling issues around inappropriate scoping of advice, the Financial Services and Credit Panel has announced its first ‘written reprimand’. ...
Financial planning
ASIC has banned two responsible managers for 10 years and cancelled the AFS licence of National Advice Solutions for adopting a ‘layered advice’ approach....
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AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....
10 months 2 weeks ago
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. ...
10 months ago
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
10 months 2 weeks ago
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Needed to add - "consult heavily with the market " ... but don't publish or listen to submissions if they differ from ou...
So standard 5 success is a bit dependent on the brain of the inspector. JG...
I don't have any faith in the regulator. I've stopped reading these and just think some poor guy got busted for a spell...