Pensioners are unable to retire thanks to fears of inadequate retirement savings, a study has found....
Industry funds held significantly more pension members than retail funds but risked losing them due to a large advice capability gap. ...
Pensioners are being advised to hold onto their homes or upgrade to more expensive houses to reduce the amount of capital beyond the pension assets test....
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...