Editor's Choice
UniSuper selects new group insurer
After more than a decade in business, UniSuper has dropped TAL as its group insurer.
MLC Private Equity launches insto fund
A new private equity fund launched by MLC Private Equity has raised US$762 million ($1.2bn).
Two Brisbane advice firms merge
Brisbane-based financial advice firms Eureka Whittaker Macnaught (EWM) and Blue Harbour Financial Partners, which are part of AZ NGA, have announced their merger.
Powell backflips on rates pushing back RBA cut expectations
This comes as the IMF urges global central banks to remain vigilant to keep inflation down.
Further Reading
Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
The viability of both associations and their credibility is now on the line. To be regarded as a profession, these associations will need to STOP taking money from the very companies whose political influence has undermined every adviser and their business and consumers. Against a backdrop of Royal Commissions, questionable behaviour in fact illegal from the very institutions that sought to hurt the advice industry, incompetance from Canberra, who sought to only favor the very banks, life insurers, industry funds that would do us advisers harm, these associations essentially sat back and asked us to simply put up with the nonsense. Their utterances and comments and suggestions to regulators fell largely on deaf ears. Their incentive was selling courses to us that have proved to be of little value in the schem of things and we all now need to go back to school to have a business while 16 advisers have taken their ow lives and we find according to the RC that the regulators were not regulating, in fact according to many a news article, they were in bed with the swill that are the members of the financial services council. Yes do merge. With a new over arching FASEA code, new qualifications post 2023, much like the accounting and legal profession, will we need to be part of an association at all?. Yes to professionalism. Not with the current approach though which is visionless in construct and has no place for a profession such as financial planning. For the sake of the industry, our profession and consumers whose best interests we are to uphold, the current leadership needs to move on..