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
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.
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.