Editor's Choice
FAAA says super trustees should stump up for CSLR
|The Financial Advice Association Australia (FAAA) has called on Treasury to cut the Compensation Scheme of Last Resort (CSLR) special levy on the advice sector to zero and for superannuation trustees to stump up for the scheme.
HESTA unveils new leaders for property, financial risk
|HESTA has named a pair of general managers, who will be joining the $107 billion super fund, joining from Aware Super and QIC.
ASIC issues more stop orders amid private credit crackdown
|ASIC has issued another stop order on a PDS offering units in three registered managed investment schemes.
Life CCC spots 10.6k breaches in FY26
|The Life Code Compliance Committee has published its FY26 annual report, which saw over 10,600 breaches by insurers with close to 30,000 customers affected.
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Cliff Man
CHIEF EXECUTIVE OFFICER
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ETF SHARES MANAGEMENT LTD
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
'claiming that the scheme will uplift consumers trust and confidence in the sector....' someone in government should do a survey of advised clients and ask them do they even know about the CSLR... I bet a huge majority of consumers have no idea what this scheme is about. so, this is why I don't believe what Burgess says that is will uplift anything accept his own ego.
I'm in my 45th year of advising so I believe I've weathered a few storms from all this government interference, but this latest round is simply over the top. it's gotta stop.