In 2019, the industry still receives $2 billion each year in these dodgy commissions – for doing no work. But from 2021, these will finally be banned too.
Perth Adviser Banned for Four Fears
When Self Managed Super Funds Go Wrong!
The Australian housing market is currently in a time of downturn, dropping 4.8% in the last year. In context, that’s the most significant fall since the Global Financial Crisis. While a slip in the market will affect many homeowners to some degree, those who have purchased investment property through a self-managed super fund (SMSF) may be especially at risk.
ASIC bans financial adviser for 4 years
Fees for No Service
ASIC bans former Suncorp Financial Services financial adviser for four years
Banking Royal Commission - Making a claim and FOS
Hon. Bernie Ripoll, Consumer Advocate for Financial Rescue explaining the Financial Ombudsman Service as the Royal Commission starts its inquiry into financial advice. #banksRC
