Editor's Choice
APRA investigating Diversa's executive compensation
APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act.
Kudu continues Australian expansion with fresh investment
Kudu Investment Management has acquired a minority stake in a Sydney-based financial advisory business mere days after an identical transaction with Drummond Capital Partners.
Apex takes on Mercer's NZ fund admin business
Apex Group has expanded its presence in New Zealand, agreeing to onboard Mercer New Zealand's fund administration operations as part of its broader growth strategy across Australasia.
Aware Super ups stake in retirement village asset
Aware Super has increased its ownership in Keyton, Australia's largest owner and operator of retirement villages, to 75% by acquiring Lendlease's interest of 25.1%.
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Featured Profile

Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.







A balanced approach was promoted however industry super funds (ISN) hijacked the entire process and we were left with opt in's and FDS. Nearly every submission was against opt in and in favour of "opt out". A royal commission needs to be had to examine how the labor government sponsored by the ISN hijacked FoFA.
We need to kick it back to FSR. Three page SOA - her is the client here is my advice and sign off - it needs to be that simple - no one apart from lawyers ( first ones against the wall in the revolution) like where we are in this industry - the usa have the sec where the SOA's should be lodged - bad advice ??? sue the adviser via full teeth FOS/FICS tribunal of fellow experienced advisers . NO SMSF funds under $400K. No direct sucker insurance either.