No joy in the advice world this ChristmasBY ELIZABETH MCARTHUR | WEDNESDAY, 18 DEC 2019 10:54AM
Frustration and despair will be the main course for financial advisers this Christmas, says financial services veteran.Read more: Christmas, Zurich, Barry Daniels, AFA Care, FPA Wellbeing, Association of Financial Advisers, EQ Wealth, Financial Planning Association of Australia, Kristine Brooks, PFM Australia, Royal Commission, Simone Du Chesne
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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