The corporate regulator has received a win in Federal Court, which ruled licensee RM Capital failed to take reasonable steps to ensure its authorised representative the SMSF Club did not accept conflicted remuneration. The court found that SMSF Club advised its clients to set up SMSFs to buy property marketed while receiving $5000 for every referral.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
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