Broken advice industry shuns everyday Aussies: AFABY KARREN VERGARA, ANNABELLE DICKSON | THURSDAY, 29 JUL 2021 12:38PMThe alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. Related News |
Editor's Choice
Mercer rolls out new corporate super plan
Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super.
Australian Retirement Trust applies new investment exclusion
The mega super fund has added to its list of exclusions, to come into effect from July 1.
Insignia FUM grows by $11bn, completes platform migration
Insignia Financial has given a quarterly business update, seeing funds under management grow 3.9% to $312.3 billion.
Former Diverger managing director joins VBP
David Carney is stepping back from managing Vital Business Partners (VBP), appointing Nathan Jacobsen to take over as chief executive.
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.
Again, the Government is trying to fix something that now, is not broken, however, with all the new compliance issues and costs the only thing breaking is Advisers.
I can understand why the Government had do the Royal Commission into banking, this was a time during the early to mid 2000's which had little regard for the needs of clients but of the profit for shareholders. This was never the case for small Advice Business's, who have always had the needs of clients first. We are now being beaten up by the sins of our predecessors.