Sam Henderson attempts to set record straightBY ELIZABETH MCARTHUR | FRIDAY, 13 DEC 2019 12:22PMFormer financial adviser and TV show host Sam Henderson has spoken out for the first time since his Royal Commission appearance and subsequent ASIC ban, taking to the XY Adviser podcast to describe the impact events of the last 18 months have had on his life. Related News |
Editor's Choice
Super Members Council appoints inaugural chair
|The Super Members Council (SMC) will soon welcome Ann Sherry as its first chair.
Generation Development Group to take over Lonsec
|Lonsec Holdings will have a new parent company as Generation Development Group (GDG) is due to acquire the remaining stake in the research and ratings house.
Equip Super names chief experience officer
|Equip Super appointed its inaugural chief experience officer (CXO), previously at legalsuper.
APRA warns entities on adequacy of backup systems
|APRA has reminded its regulated entities of the need to remain vigilant when it comes to cyber resilience, identifying the use of data backups as a weak spot.
Further Reading
Sponsored by | Know the facts about lifetime annuitiesSaving for a happy retirement is Australia's #1 financial goal. Learn how LifeIncome can deliver more income, certainty, & choice. |
Products
Featured Profile
Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
So did Sam find the mistake of the Deferred benefit or did the client tell him the issue ?
That's the clincher as he would have proceeded with the advice without the mistake being found. So who found it ? Or the client would have lost $500k.
As for moving the retirement risk from the Govt guarantee with next to zero fees to a SMSF with full client risk and lots more fees. Mmmmmmm not something I'd back for advice unless some specific circumstances why the Govt guaranteed income wasn't the best option. Ballsy move I'd think.