Advice associations slammedBY JAMIE WILLIAMSON | THURSDAY, 3 OCT 2019 12:36PMAn industry group has lashed out at the Association of Financial Advisers and the Financial Planning Association of Australia, labelling them conflicted and driven by self-interest. Related News |
Editor's Choice
Iress says its GitHub user space was breached
|Iress has disclosed to shareholders that its private user space with software code repository GitHub was subjected to a cyber-attack over the weekend.
Federal Court rejects two CBA class actions
|The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF).
Chalmers makes bold inflation prediction
|The Federal Treasurer says he believes inflation will come back into the Reserve Bank's target range sooner than predicted.
UniSuper restores online services, app
|UniSuper's systems are back online, after close to two weeks of disruption.
Products
Featured Profile
Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Good on you, PK, for calling these guys out. Here's an idea; let's turn up late to the game and berate those who were playing before you arrived!
What vested interest do the AFA & FPA have? They only exist to represent the interests of their members. They have no other purpose. They are no less happy with where the industry finds itself than the rest of us, and say so on a regular basis.
The only thing to come from sniping at them in the press is to play into the hands of the Government, who then say, "See, these guys can't even get on the same page, so we need to prescribe terms to them". Mind you, you would expect nothing more from a "breakaway" group that fails to see the irony in calling themselves "United".