Editor's Choice
ASIC hits back at parliament: 'Simply not realistic'
The financial regulator has hit back at suggestions it isn't doing enough to deal with community complaints.
The risks and opportunities in advice: SIAA
This year's Stockbrokers and Investment Advisers Association (SIAA) Conference will take a deep dive into how major financial advice reforms will impact superannuation funds and how they are preparing to help Australians particularly retirees access advice.
AMP Advice partners with BlackRock and Lonsec
Through the partnership, AMP Advice will introduce a new category of tailored managed portfolio solutions.
Succession planning troubles family offices: J.P. Morgan
Global family offices remain deeply concerned about how to prepare the next generation to inherit a vast fortune as almost 30% do not have a structured approach to help them, a new study from J.P. Morgan reveals.
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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.