Horsing around or a timely shot in the arm

20 September 2019
| By Outsider |
image
image
expand image

Outsider was excited when he found out Thai cave rescue diver Dr Craig Challen was to speak at Money Management's Future of Wealth Management – Advice conference as he, in his far-distant youth, dreamt of such underwater adventures.

Breaking up the industry focused panels and networking opportunities at the conference, Challen regaled the delegates about rescuing the young Thai soccer team from the Luang Tham Nang Non cave. 

Sitting at the front with a straight back and eyes wide, Outsider broke into a chuckle when the veterinarian claimed that “anaesthetising dogs and anaesthetising children is about the same”.

Outsider looked around and saw a number of delegates laughing a little too hard at the joke regarding ‘Special K’.

When Outsider went home to regale his family with the same story he reflected upon whether, perhaps, the Australian Securities and Investments Commission, along with the likes of AMP, were also anaesthetised with the horse tranquiliser over the years during which bad advisers eroded confidence in the financial services industry.

Forgetting such a thought quickly, Outside went back to his own cave diving, in his man cave of course.

Read more about:

AUTHOR

 

Recommended for you

 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

8 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 2 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 5 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 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. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND