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Apex Group head of super to depart
Apex Group managing director for superannuation will leave his post in September, joining its technology partner in a C-suite capacity.
Morningstar predicts platforms to pull Centuria Bass Credit Fund
Amid a ratings downgrade and possible governance issues concerning the Centuria Bass Credit Fund (CBCF), Morningstar predicts the property debt fund will be pulled from major investment platforms and unlikely receive new inflows.
ETF Shares cuts fees on US technology ETF
ETF Shares has reduced the management fee on its ETFS US Technology ETF (ASX:WWWW) positioning the fund as one of the lowest-cost options for Australian investors seeking exposure to leading US technology companies through the ASX.
AustralianSuper appoints co-heads of Australian equities
AustralianSuper has appointed Andrew Smith and Luke Smith as co-heads of Australian equities, effective immediately.
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Digital assets and where they stand in 2026
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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. |  |
Excellent stuff. The FPA is going to teach their people it is not ok to make unauthorized transactions on clients accounts, they must not forge people's signatures, they must not lie to their clients. I kinda thought by following their license obligations that product disclosure statements and additional SOA and a 10 day notification to the client that switches are made would prevent illegal and immoral activities.
Well it goes to show the Corporations Act and the people who enforce those Acts and the requirements of holding such a license clearly have no merit. Clearly we all know who are the losers out of all this: those poor people who thought they would do the right thing with their money and go and see a product flogger rather than a financial planner.
Come on FPA, don't treat us as fools any further. These adviser's knew exactly what they were doing.