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Another corporate fund bites the dust
|The Nissan Superannuation Plan will be wound up on July 31, almost 50 years on from its creation.
Spaceship appoints new chief risk officer
|Spaceship has tapped a former ASIC and APRA operative to be its new chief risk officer.
Seven fund managers scoop up First Sentier mandates
|Colonial First State (CFS) flags it will appoint seven new managers to take over several mandates that will be vacated by First Sentier Investments (FSI) following the shock closure of four local investment teams.
LGT Crestone launches new investment solution
|LGT Crestone has introduced a new investment solution for its clients, offering access to alternatives.
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
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.