Tick-a-box approaches to compliance may not only be expensive and time consuming but they could also be holding advisers back from taking the next step in putting ethics into practice and advancing towards broader community trust and professional recognition, JB Were’s Kym Bailey and McMahon Clarke’s Selina Nutley discuss.
Trustee-for-hire model in trouble as EQT calls time on super and Diversa turns on Praemium
The ASX-listed parent company of Equity Trustees Superannuation Limited has confirmed it will divest its super trustee-for-hire business in the aftermath of the $1 billion Shield and First Guardian collapse. Diversa Trustees, which is being sued for onboarding First Guardian, is seeking compensation from Praemium should it be ordered by the court to remediate investors.
FEATURE: Mercer and CFA Institute report underlines the global role of financial planning"/>
COVER STORY Bullseye! How major super funds are hitting the target with advice"/>
Leave a Comment
You must be logged in to post a comment.