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Vale Garry Wyatt
Garry Wyatt, the co-founder and chief executive of Insync Funds Management, has sadly passed away.
NRF appoints inaugural chief investment officer
The National Reconstruction Fund has named its first chief investment officer.
First Bitcoin ETF to launch this week on ASX
VanEck will make history this week as the first investment manager to launch a Bitcoin ETF on the ASX.
More Aussies anticipate renting in retirement: Vanguard
An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey.
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Featured Profile
![Phil Usher](https://media.financialstandard.com.au/prod/media/library/Contacts/cwyzorar-0002_featured_profile.png)
Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. 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.