Ambulance chasers receive strong rebuff from financial planners
Criticisms of financial planners by compensation lawyers were recently labelled shameless by industry leaders and dealer groups, while the Government too came in for criticism for the manner in which it had handled its FOFA legislation. All this and more in the latest online edition of Money Management.
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Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
