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LE MARS There are many reasons for knowing when to make the decision to retire. Julie Theisen said it was her gut instinct telling her it was time for a change. Since 1990, Theisen has been the. ....
Super Consumers Australia s Xavier O Halloran Advocacy group Super Consumers Australia has urged the government to commission an urgent independent review into the quality of financial advice and work to remove “persistent inherent conflicts” in business models rather than easing regulation to making advice more affordable. In a submission to ASIC’s consultation on access to affordable advice (CP 332), SCA said a solution to the advice gap “does not lie in tinkering with the existing regime to make it more commercially viable for industry participants”. It warns ASIC against stakeholder feedback that suggests the key to making advice more accessible was weakening existing consumer protections. Consumers would be better served, the group argued, if conflicts in advice are eliminated. ....