Editor's Choice
Actuaries Institute proposes new performance test measure
The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members.
JANA appoints new director of client development
The new appointment previously worked for APSEC Funds Management.
MSC Certane wins Suncorp mandate
MSC Certane has been appointed as trustee for Suncorp's latest note issue.
Auditors lambast mandatory climate reporting requirements
The peak accounting body said most auditors believe the government's mandatory reporting rules are a "significant miscalculation".
Further Reading
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
"There are too many Australians making financial decisions for themselves in an ill-informed way and that's even people who think they know what they're doing. Believe me until you get someone sitting down with you, provoking the right sorts of questions I don't think you're going to come to the right decision," he said.
Very true, however the FA industry, because of a few, was suspected to be shonky salespeople (not acting in their clients best interests, trailing and hidden commissions, living off ignorance) and therefore not trusted by the great unwashed.
One of Labor's non cock-up's was FoFA reform, which over time would have improved the industry's standing in the community.
Sinodinos has ruined the chance to get rid of the current perceptions. Foolish indeed.