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Broken advice industry shuns everyday Aussies: AFABY KARREN VERGARA, ANNABELLE DICKSON | THURSDAY, 29 JUL 2021 12:38PM
The 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.
Read more: ASIC, AFA, Royal Commission, Dante De Gori, Financial Planning Association of Australia, Michael Nowak, Sam Perera, Tax Practitioners Board, Tim Wilson
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Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.
Investment consultant firms from across the world with US$10 trillion in assets under advice have joined together to launch a global net zero initiative.
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation.
In its submission to the inquiry into common ownership, BlackRock point out the theory behind the inquiry is "based on fundamental misconceptions", adding that any possible reforms based on ideas still under debate would be premature.
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