Editor's Choice
Janus Henderson acquires NBK Wealth, Tabula Investment Management
|Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
|Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
|A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
|Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
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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.
Instead of ASIC spending millions of dollars on exams, how about spending money on prosecuting the 170 product providers that have lost clients money with little or no recourse. A more noval idea would be to have Directors of the Banks and Industry Superannuation funds be held liable for poor advice or loss of funds. If that was the case the standard for advisors would improve overnight at no cost to ASIC.
What about getting ASIC staff to sit their own exam to ensure they have the appropriate standard of skills too. They were asleep at the wheel thru all the recent turmoil in the financial services industry.
It seems ASIC is teflon coated these days, they should get their own backyard sorted out.
My dealer group is responsible for my training. I meet all the requirements set down by the FPA for maintaining my CFP.
I'll tell you what to do with the exam so stop blaming the many for the actions of a few; I'm plain sick of it.