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Vanguard to acquire custodian Altruist
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FAAA pushes to expand NCA to financial advisers
Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers.
SMSFA appoints head of professional standards
The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards.
UniSuper unlocks close to $15k for members moving into retirement
Eligible UniSuper members will receive a tax-free bonus of up to $14,700 when they move into retirement phase from October 1.
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Featured Profile
Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Classic BenO ... I love it! I do indeed recall your prognosis of the Greek situation 18 months ago.
As a Greek I see this as it is. The country has been and always will be corrupt. To this day there is no protection of your land, your neighbor can steal square meters all they want and it will take years of litigation to recover. There is no national title office. Any one with connections can bribe an official and take over your land. Asking my attorney for a receipt resulted in him receiving the funds but dropping any and all communication with my family since a receipt meant he had to show the funds. The problems are built into the system. Successive governments have preached that Greeks are smarter than any one else, and can cheat non stop and no one can stop it. A default would be the best for a clean slate for all. The slow bleeding death will only result in prolonging the agony and the EU funds going to waste.