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Advice association shuttersBY ELIZABETH MCARTHUR | TUESDAY, 27 JUL 2021 11:50AM
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
Read more: UFAA, AFA, AIOFP, FASEA, ASIC, Association of Financial Advisers, Financial Planning Association of Australia, Life Insurance Customer Group, Life Insurance Framework, Mark Dunsford, Mark Schroeder, Peter Johnston
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Intensifying its commitment to the Asia Pacific region, State Street has appointed a long serving J.P. Morgan executive as its first country head for Australia.
Former Spectrum Wealth Advisers chief executive Mark Schroeder has been slapped with banning orders in addition to his six-year ban from providing financial services.
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%.
Octopus Investments, an energy asset manager, has made several appointments after recently surpassing $1 billion in assets under management.
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