Editor's Choice
Sequoia gives InterPrac sale a second shot
Sequoia is trying its hand at selling InterPrac Financial Planning again after its first sale attempt to Conquest Investment Management was left in the air.
American Century names APAC managing director
The new managing director will be based in Sydney and joins American Century from Dimensional Fund Advisors.
CSC tests waters on digital assets with Northern Trust
Commonwealth Superannuation Corporation, the super fund for public servants and the defence force, has signed a Memorandum of Understanding with Northern Trust to advance digital investment infrastructure across institutional markets.
Vanguard adds floating rate ETF, managed fund to product suite
Vanguard has launched an Australian floating rate bond index strategy, available through both an ETF and a managed fund format.
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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.







I must state upfront that I am an ICAA member. This proposal shows a complete lack of understanding by the ICAA of the compliance responsibilities of being licensed. This goes back to the days when I first became a Financial Planner in 1987 which everyone was effectively having their own licence but via a licensed dealer.
Who is going to be responsible for advice given if every adviser has their own licence? How is this to be covered from a Professional Indemnity Insurance perspective?
Last time I checked, Accountants are not licensed to practice as accountants. They are granted Practicing Certificates from their relevant accounting body. Is the ICAA saying that every accountant in a practice holds a Tax Agents regsitration? I know that is not correct.
Come down off your ivory towers and talk to those who are actually involved in the Financial Planning Profession.