Editor's Choice
CFS launches retirement income optimiser
|Colonial First State (CFS) has launched a new retirement feature designed to give eligible super members greater flexibility in preparing for retirement and accessing future income options.
Perpetual names insto relationship, funds services lead
|Perpetual Corporate Trust, the corporate trustee, custody and digital infrastructure services arm of Perpetual, has welcomed an executive to oversee its institutional relationships and managed funds services.
Woodbridge loans $100m for Brisbane residential development
|Woodbridge Capital has provided a new $100 million loan for a residential development in Brisbane, delivering 150 apartments close to the CBD.
Chalmers applauds $22bn Budget deficit
|In the government's Final Budget Outcome, Treasurer Jim Chalmers said the $22.6 billion deficit is still $6 billion better than forecasts.
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Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.







Basically, reads that the current laws and FASEA standards apply to Qualified advisors who give personal advice. Industry and large retail Superannuation funds trustees are able to employ non-qualified persons to give personal advice and not be held to by FASEA standards or best interest duty. So, the Government of the day paid large sum of money to an organisation to write a report to ignore the recommendations of a royal commission.
Whilst the Govt is on the job of reinstating the ability for sales staff employed by the banks and super funds to provide conflicted product sales advice with qualifications from the back of a Weeties packet, could they at least do the honourable thing and also refund to me the thousands of dollars of costs (including professional time costs) they have charged me over the last 5 years to: Complete and pass the FASEA financial adviser exam, maintain my existing CPD & related qualifications, not to mention the exorbitant ASIC levy and Tax Practitioner Board (TPB) registration fees that as a small business / sole practitioner I have been forced to pay (both being fees paid to the Govt for no service). Thanks.