Merry Christmas to our readers
This represents the final edition of the Money Management e-newsletter for 2009.
Money Management wishes all its subscribers and readers a Merry Christmas, a safe holiday period and a prosperous 2010.
The Money Management e-newsletter will resume publication on Monday, January 11, 2010.
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A Supreme Court of Western Australia jury has issued its verdict regarding unregistered MIS operator Chris Marco, who was on trial for 43 fraud charges, with ASIC stating the verdict ends a “sorry chapter”.
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago.
Financial advice practices may be hiring younger or professional year advisers as a succession option, but they may find they are unable to put up the capital if the adviser looks to retire.
Any changes to product labelling for sustainable funds must be applied consistently across investor channels, including those used by financial advisers, according to RIAA.