Editor's Choice
Final report into Life Code makes 85 recommendations
|The final report of an independent review of the Life Insurance Code of Practice has been finalised, proposing some 85 recommendations across aspects of mental health, customers vulnerability, claims handling, and sales practices.
Treasury looks to reform regulation on consulting firms
|Treasury has released an options paper to improve the regulation of accounting, consulting and auditing firms after the blowout from KPMG's whistleblower probe that found it used confidential client data in the pursuit of more tenders.
Bell Potter launches private wealth platform
|Bell Financial Group (BFG) has launched Bell Potter Private Wealth (BPPW), a new platform that helps service its 300,000 clients with $92.1 billion in funds under advice.
Esencia seals third merger
|Esencia Wealth has continued its national expansion strategy, merging with New South Wales-based Cove Financial Group in a deal that brings around 650 clients and four financial advisers into the business.
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Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Judith Fiander
CHIEF EXECUTIVE OFFICER
AUSTRALIAN PHILANTHROPIC SERVICES
AUSTRALIAN PHILANTHROPIC SERVICES
When Judith Fiander first walked in the doors of Australian Philanthropic Services her intention was to volunteer for a few months. Fast forward 14 years and she is the chief executive. Eliza Bavin writes.
It's all very well for certain institutional investors to moan about scrapping the Renewable Energy Target (RET). As investors, the possibility should have been taken into account when they analysed their investments in various RET schemes, prior to entry into these high risk schemes.
The fact alone that major subsidies are required to make these alternative energy schemes work should have raised some signals pointing to high risk. Furthermore, none of the alternative energy generators has shown yet that they would be better in the long run than conventional tried and true operations.
Perhaps the IGCC should disband or hang its collective head in shame.