Advice industry compensation bill hits $37mBY KARREN VERGARA | FRIDAY, 27 OCT 2017 12:43PMThe financial advice industry shelled out $37 million in FY17 to 2200 clients that suffered financially from bad advice, according to ASIC. Related News |
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ASIC to take 'balanced' stance on super advertising ban rules
The corporate regulator said it promises to take a "balanced" approach to enforcing new rules around any advertising of superannuation funds during the employee onboarding process, which take effect in a few weeks.
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T. Rowe Price has appointed a head of intermediary for Australia, following a three-month absence in the role after Jonathan Ross' departure in March.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
