Seek financial advice: HumeBY ELIZABETH MCARTHUR | WEDNESDAY, 22 APR 2020 12:11PMWith the government now expecting close to two million Australians to apply for early access to super, assistant minister for superannuation, financial services and financial technology Jane Hume has urged those who are confused to seek financial advice.
Upgrade your subscription to access this articleAnd gain access to:
And moreRead our full COVID-19 news coverage and analysis here. Related News |
Editor's Choice
Early release of super scammers cop prison time
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500.
Super funds slash external mandates by 54%
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals.
ASIC tells super funds to 'step it up'
ASIC commissioner Simone Constant delivered a stern warning to super fund trustees.
Brookfield bids for majority stake in Neoen
Brookfield and its institutional partners have lobbed a bid to acquire a 53% majority stake in French renewable energy company Neoen.
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.
Perhaps someone should apprise Senator Hume that there aren't enough financial advisers to do the job.
They've left the industry, due to overwhelming regulations, plus forced removal of their sources of income, that have made their occupations unviable. They've had enough of being pilloried by politicians, Industry Funds, ASIC and the media.
There has also been, not least, the political ideology that has deliberately excluded financial advisers from servicing the needs of Industry Fund members.
All in the name of Consumer Protection.
Well, sorry Consumers!