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Count Financial adds two practicesBY KARREN VERGARA | WEDNESDAY, 9 JUN 2021 12:39PM
AMP and IOOF have each lost financial advice firms based in Adelaide to Count Financial.Read more: Count Financial, IOOF, DMCA Advisory, Adelaide Private Wealth, Andrew Kennedy, Ben Newbold, Charter Financial Planning, Consultum Financial Planning, Financial Adviser Register, Fitzpatricks, Hamish Zerbe, Lonsdale, Mark Humpries, StrategyOne, Tania Tonkin
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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