Editor's Choice
Mega super fund opens first international office
Australian Retirement Trust (ART) has opened its first international office in London to build out a "leading global investment capability."
Impact Alpha Partners adds to board
The budding consulting firm has added the former chief executive of Blue Orbit Asset Management and U Ethical Investors' former head of ethics and impact.
How to win in today's wealth management industry: EY
To outperform in the wealth management industry, leaders must conquer several "underlying challenges" by 2030, according to an Ernst & Young (EY) report.
FSC expands financial advice membership
The Financial Services Council (FSC) is expanding its remit into the financial advice sector by adding six licensees to its network of members.
Further Reading
Sponsored by | Where do advisers invest their time?The stage 3 tax cuts have sparked discussions on bracket creep. Implementing a tax-effective investment strategy is crucial now more than ever. |
Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
Why is it ok for litigation funders to get the premium in a payout but not the litigation funders in this case. It would appear the industry that is litigation funders has had ASIC do it's bidding for it. We can't have the little guy thinking he has a chance to self fund litigation. Once again the big end of town is protected by ASIC. Disgusted.
Who pays the Ferryman?
The ones in the boat rowing or the ones holding along line rope tied on the stern?
Please give us a break!. It was we who forked out our hard earned to pay the lawyers.
Our intention was to get our invested monies returned 100% if we won and a little extra invested as risk takers
That is what Litigation funders are. Risk takers pure and simple!!!
What is the matter with ASIC, first they approve the Storm Financial investment strategy, then they ignore the banks who financially backed the scheme, now when we put up the money to fight for our rights they are taken away, by ASIC. Why???
ASIC took the Macquarie bank to court last year claiming that they were fighting for us, yet there has been no decision by ASIC. Now we've taken the bank to court and funded the action ourselves and ASIC now have the audacity to take that away from us. Where is the legality in all of this? Our laws in this land are pathetic to say the very least, it's time that they were brought into the twenty first century instead of languishing in the dark ages. I'm disgusted and angry by this whole debacle.
In ASIC's own words, we are very cautious how we spend tax payers money. If that is correct why should they stick their nose into a privately negotiated out of court settlement agreed to by the Macquarie bank, investors & their legal team when they FAILED to prevent the debacle of Storm Financial's model in the first place then secondly FAILED to bring the offenders to justice.
Big end of town riding roughshod over the average Aussi again