Editor's Choice
Perennial Partners takes over Australian Unity fund
|Perennial Partners has agreed with Australian Unity Funds Management Limited (AUFM) to take over the investment management of the latter's Future of Healthcare Fund.
Platinum's FUM dips below $14bn
|Platinum Investment Management's funds under management took a $1.65 billion hit to end up at $13.5 billion at the end of April.
AMP launches alternative debt fund
|AMP said the new fund will provide bespoke access to global private debt investments but will only be available to some.
REI Super updates Conservative option
|REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus".
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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.
It sounds like FASEA needs a CEO who understands that this legislation will lead to a significant loss of the most experienced advisers. These advisers are the people who really understand market cycles, having remained loyal to their clients through massive market falls and more than one global financial crisis. They are mentors to the younger advisers in their practice and no amount of exams on ethics can take the place of hard earned experience. I'm glad that at least Amanda Stoker has enough foresight and intelligence to ask these questions. No amount of degrees can replace 30 years of experience. Surely, these advisers deserve respect and far more recognition for the years of service to their clients and the hugely valuable mentoring they can provide to younger advisers. Well done Amanda!