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Corporate, governance issues fuel whistleblower tipoffs: ASIC
The corporate regulator received nearly 2000 tip offs from whistleblowers in the last financial year, a whopping 183% jump annually, the majority of which relate to corporate and governance issues.
Platinum awards mandate, changes fund name
Platinum Asset Management has awarded a mandate to a US-based investment manager to oversee investment capabilities in a 20-year-old fund, simultaneously altering the name to reflect the update.
Workplace mental ill-health can cost Australia $27bn: Report
Workplace mental health issues are directly costing the Australian economy $12 billion per annum in lost gross domestic product (GDP), with the cost set to rise by more than 125% over the next 15 years in excess of $27 billion a year.
ASX turns up heat on Clime Capital following KPMG scrutiny
The ASX has also raised concerns over Clime Capital's valuation of its unlisted assets portfolio and the qualified opinion that was eventually handed down by its auditor KPMG.
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David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







Another authority, another regulator, another cost and most of all a burden on the industry that will not add any benefit to the advice industry. Appointing academics to decide what courses will constitute a "suitable" course will lead to the same issues that have befallen those trying to achieve "recognised tax and commercial law courses for the TPB". Until the Government recognises that simply throwing hurdles in the way of the industry is not the best way to improve it. It should stop appointing the same old people to the decision making positions or the profession will never change. My 40+ years of experience will never be enough so I will be gone by 2024 as the thought of spending months getting useless qualifications that will never have a practical use doesn't interest me in the slightest.