Editor's Choice
Vanguard Super lowers fees
Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market.
Chief member officer leaves Insignia Financial
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.
Super for housing 'economically reckless': SMC
The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings.
Treasury shakes up foreign investing framework
Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent".
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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.
After 38 years in this once-great profession I have seen many players - advice execs and advisers - and many ups and downs, many broken promises. I have no doubt whatsoever in my mind of two inescapable outcomes I see by the year 2026: 1) next to zero specialist risk advisers remaining 2) less than 10,000 investment advisers left. I wish it wasn't so however the professions of financial planning and specialist risk advice has been captured by politicians possessed of their next election and the special interest groups who control them. It is beyond sad that 'client best interest' is truly not important to these 'people' - it is only the thinnest of a veneer to hide their true self absorbed intent.