Editor's Choice
ASIC hits back at parliament: 'Simply not realistic'
|The financial regulator has hit back at suggestions it isn't doing enough to deal with community complaints.
The risks and opportunities in advice: SIAA
|This year's Stockbrokers and Investment Advisers Association (SIAA) Conference will take a deep dive into how major financial advice reforms will impact superannuation funds and how they are preparing to help Australians particularly retirees access advice.
AMP Advice partners with BlackRock and Lonsec
|Through the partnership, AMP Advice will introduce a new category of tailored managed portfolio solutions.
Succession planning troubles family offices: J.P. Morgan
|Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals.
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Expert Feed
Why advisers should consider offering general insurance to HNW clients
I have read many articles over the years about servicing high-net-worth (HNW) clients in the financial services industry.
The role of AI in financial planning: Insights from the US
Ever since ChatGPT burst onto the scene late last year, generative AI has been front and centre of business discussions and financial planning, just like ...
Considerations when nominating a charity for your super upon death
There has been a lot of talk lately about the upcoming great wealth transfer, and you might be wondering where charities fit into all this.
The end of free money
With institutional investors prudently reassessing their risks in current market conditions and seeking safe havens in alternatives such as secured private ...
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.
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Welcome to the real world of financial planning/advice. We've been smeared for years by the media, Govt, Industry Super Funds, ASIC itself. With no real means of redress. Its a wonder there are any of us left to give Australians the good financial advice so many supposedly so desperately need. Not desperately enough to want to pay real money for it though. Because, as everyone now knows, thanks to the media, Govt, Industry Super Funds etc etc, we're not in it to provide good advice, just to make our own fortunes. Not.
As a financial adviser I have first hand experience of ASIC s incompetence.
Medcraft can quote statistics all day the reality is ASIC is a reactive organisation that cannot provide any consumer protection, I too can quote statistics all day - showing ASIC s inability to produce any positive outcomes.
It is my opinion that ASIC, should be shut down and all employees held accountable for the incompetence.
But even ASIC staff have provided submissions on the performance of ASIC. See numbers 106 and 345.