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10 Jun 2023 |
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Latest News |
Qld adviser banned for 5 years | A Brisbane financial adviser has been banned by ASIC after recommending his clients roll their superannuation into SMSFs and borrow to invest in residential property. |
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RBA makes latest rate call | The RBA has made its latest interest rate call for June with the bank warning further rate hikes are still to come. |
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Adelaide-based AFSL sees licence suspended | ASIC has suspended the AFS licence of a managed investment schemes and general advice provider after it failed to lodge financial statements and audit reports for the financial years 2019–22. |
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AMP sells SuperConcepts business | AMP is selling its SuperConcepts self-managed superannuation fund admin and software business with 500 employees to transfer out of AMP. |
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