Industry digs deep to support good causes

Two recent events have underlined the financial services industry’s willingness to dig deep to help worthwhile causes, raising more than $320,000 between them.

Ray Griffin and Peter Bobbin’s inaugural Future2 Wheel Classic raised $85,000 to fund the Future2 Foundation’s work with disadvantaged young Australians. Of the total, about $40,000 came from individual donations, auction proceeds and joint Future2-FPA Chapter professional development events in Dubbo, Orange and Wollongong.

Ray Griffin and Peter Bobbin, founding trustees of Future2, set a $100,000 fundraising target and have been appealing to financial planners to help them get there.

“We have done the hard yards, and now we are asking every financial planner to add a few dollars.  We want two minutes of your time and just 10 dollars from your wallet,” they said said. CLICK HERE to make a donation

Meanwhile, the first annual conference of the Financial Services Council (FSC) raised $240,000 for charity at last Thursday’s FSC Industry Excellence Awards Dinner.

The FSC’s two community partners, the Inspire Foundation and the Schizophrenia Research Institute, will benefit from the money raised via individual and corporate pledges, and a raffle.

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Diversa applies for $239m First Guardian government bailout

Diversa applies for $239m First Guardian government bailout

Diversa Trustees has applied to the government for a bailout of First Guardian investors worth approximately $239 million, arguing the losses were a result of fraud and remediation will be in the best financial interest to members.

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