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|Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
What a load of dribble from the FPA. They claim to stand for consumer rights yet say this dribble.
The FOFA law was never overturned, if Advisers didn't play by the rules that's their own fault.
It's a win for the consumer;
It's a win for the professional adviser; and
It's a loss for the tossers who scammed their clients and brought all this upon us.
Next...
OK, if this is such a win for consumers let's see the same rules applied to Industry Super Funds. And while we are at it, let's include the so called general advice for online insurance and put an end to consumer rip offs with sub-standard policies where the only "advice" is to 'read the fine print'.
Mark Thompson, we might be able to take you seriously if the rip-offs were being led by the Liberal Party-funding big banks, who have their hands so deep in the average Australians' pockets. Storm, Westpoint, Timbercorp were all connected to conflicted advice under the umbrella of the vertically integrated wealth management system. You and your industry have lost this argument morally, politically and every other way.