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Advisers lean on AQF7 to meet education standards: Rainmaker
A new report indicates that Australian Qualifications Framework (AQF) 7 qualifications are the most common forms of qualification among financial advisers, held by 85% of the population.
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Trump slugs Australia with new 'forced-labour' tariffs
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Centuria quashes governance allegations amid fund downgrades
Centuria Capital Group has swiftly provided a response to media reports suggesting that its exposure to the Bathla Group, a Sydney-based property constructor and developer, raised questions over its governance, following a downgrade of one of its private credit funds this week.
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Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
However, the main issue is the net return to investors after fees. Low returns [after administrators take a hidden cut on the MER] with low fees equal a lower self-funded retirement pension. Low returns with high fees also means a lower self-funded retirement pension. Higher returns with reasonable fee levels can result in a higher self funded retirement pension. Hence self managed funds continue to boom.