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Vale Garry Wyatt
|Garry Wyatt, the co-founder and chief executive of Insync Funds Management, has sadly passed away.
NRF appoints inaugural chief investment officer
|The National Reconstruction Fund has named its first chief investment officer.
First Bitcoin ETF to launch this week on ASX
|VanEck will make history this week as the first investment manager to launch a Bitcoin ETF on the ASX.
More Aussies anticipate renting in retirement: Vanguard
|An increasing number of Australians expect to be paying off a mortgage or forced to rent in retirement, according to the latest Vanguard How Australia Retires survey.
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Phil Usher
CHIEF EXECUTIVE OFFICER
FIRST NATIONS FOUNDATION
FIRST NATIONS FOUNDATION
Taking a gamble to steady the ship as chief executive of First Nations Foundation, Phil Usher has turned it into a more secure, self sustaining entity, far better equipped to empower First Nations people to achieve financial prosperity. Andrew McKean writes.
Well. Another of Labor's mavericks. Just wonder how far this one will go.
Chris Bowen is highly predictable and at it again like a cracked record.
Financial Standard reported that Chris Bowen told MEDIA at the AFA conference they were to be considering a ban on risk Insurance, but did he stand up in front of the delegates in his session and tell them his plans? I doubt it.
Good luck in opposition Chris Bowen.
By the way, you can't have an accurately "damning report" on an industry or profession when the sample size represented only 0.40% of the total number of Financial Planners and Advisers in Australia. In fact, you can't have a report on an industry or profession at all by only assessing 0.40% of the potential group.
Well, yet further posturing from the government-in-opposition. However, if the actual govermnent is serious about addressing under-insurance why doesn't it make life-risk insurance premiums across the board tax deductible - not just IP premiums?
Surely that can be worked out and represents a far more positive step towards reducing under-insurance than adviser-beating and looking at ways advisers are remunerated.
If ever using fee-for-service instead of commissions can be worked out in life-risk insurance where all stakeholders will be happy, the person putting that together should get the Nobel Prize for Ingenuity!
Chris Bowen, some questions. (1) Have you ever worked in the industry? (2) Have you considered looking at things in a practical and more professional way?
Carrying on like this is not taking responsibility and shows how uneducated you are regarding our industry.