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That’s sound advice

Jan 03, 2015

FINANCIAL advice was at the centre of a raft of scandals, frauds, inquiries, reforms, rip-offs and multi-billion-dollar losses last year.
ANNUAL superannuation statements are hitting mailboxes. Instead of skipping to the closing total and filing it away take our super statement road test to see how your retirement savings are really travelling.
The Financial Planning Association of Australia (FPA) has offered to step back from the Financial Planning Education Council (FPEC) to give the council a chance to be recognised as the peak education standard-setting body for the whole financial planning industry.
The Commonwealth Bank has moved to tighten up the education standards of its financial planners, in a pre-emptive move to get changes in place ahead of likely formal obligations down the track.
BUMPER returns on retirement savings have delivered double-digit growth for fund members but making slight tweaks to accounts can also help add thousands of dollars to your balance.
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