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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ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors.
The Financial Services and Credit Panel has made a written order to a relevant provider after it gave advice regarding non-concessional contributions.
With wealth management M&A appetite only growing stronger, Business Health has outlined the major considerations for buyers and sellers to prevent unintended misalignment between the parties.
Industry body SIAA has said the falling number of financial advisers in Australia is a key issue impacting the attractiveness and investor participation of both public and private markets.
