Editor's Choice
Australian Unity to shed 195 roles
Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.
Count shutters limited-advice business, slips in size ranking
Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.
First Super recruits head of investments from Prime Super
First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.
BMO eyes Euroz Hartleys' capital markets business
Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.
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David Woodall
CHIEF EXECUTIVE OFFICER, SUPERANNUATION
INSIGNIA FINANCIAL LTD
INSIGNIA FINANCIAL LTD
Facing his greatest test yet in metamorphosing MLC Super, Dave Woodall is adamant the juice will be worth the squeeze. Jamie Williamson 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.