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Inflation hits 4.3%, RBA says it remains 'too high'
|Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS).
Cbus creates new role for legal operations
|Cbus has welcomed a legal specialist to join the fund in a newly created role of group head of legal operations and strategy, bringing relevant experience from regulators ASIC and APRA.
Dexus to pay $30m in legal bills for leaked airport data case
|The Supreme Court of NSW has ordered Dexus to cover close to $30 million in legal costs incurred by Melbourne Airport owner Australia Pacific Airports Corporation (APAC) and its shareholders, after the property giant lost a court fight over claims it improperly shared confidential data while trying ...
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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.







How long have these ads been running? 5 or 6 years? It's only taken ASIC this long to realise that they could possibly be "misleading to consumers"? Regulator asleep at the wheel again, or were the bureaucrats just adhering to Labor's superannuation agenda? The headline "ASIC EXPRESSES CONCERN THAT INDUSTRY FUND ADS WERE MISLEADING TO CONSUMERS", should be plastered across the front page of every newspaper.
Now that the commission thing is dead ISA will have to find something else to hang their hat on. Service perhaps? But hey, that might cost a lot more to do, as well as their competitors. I bet the comparative ads stop if/when new cheaper competitor products outperform industry funds, eg, notice how they used to bang on about Master Trusts but now it's Retail Funds.