EXCLUSIVE Praemium CEO Anthony Wamsteker is confident that banks and super funds won’t be able to get away with poor or conflicted financial advice despite key recommendations to scrap best interes
Praemium CEO, Anthony Wamsteker, is confident banks and super funds won’t be able to get away with poor or conflicted financial advice despite Quality of Advice recommendations to scrap best interest duty.
Minister Jones has confirmed that the government will launch a paper on the objectives of superannuation “very, very soon”. The Minister for Financial Services, Stephen Jones, has said that
Labor will legislate a simple purpose for Australia’s $3.3 trillion superannuation system, paving the way for new limits on multimillion-dollar balances.
What a year 2022 has been. The year was not without optimism as the pandemic ended (kind of), but was followed by rapidly rising inflation, which in turn led to rapidly rising interest rates and co