A growing number of Australians are self-managing their superannuation. A new report suggests some may be getting advice that’s not in their best interest.
Articles on Financial advisers
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An ex-financial adviser shares her tips on spotting dodgy advice, as thousands of people wait to see if they’ll lose more than $1 billion in super.
AUSTRAC’s report makes clear that Australia has both highly profitable criminal activity and a wide range of sectors vulnerable to money-laundering abuse. That is a recipe for criminal exploitation.
Big changes would require an act of Congress but lawmakers have not stepped up. And there’s been pushback against new rules the IRS has proposed for these accounts reserved for giving.
Getting good advice can pay for itself many times over. But how do you find it? And what questions should you ask before signing up with a financial adviser?
Five years ago, Australia had 28,000 financial advisers. Today there are 16,000. So where can you get financial advice? A new report offers a good answer – and it’s something I used to argue against.
Banks typically do not want their customers to default on property and have processes in place to help reduce the risk of this happening.
There’s a fortune to made as a successful finfluencer. The gains for followers are far less certain.
WallStreetBets is now reshaping financial markets: Non-professional market participants, or retail investors, are doing the work traditionally performed by financial advisers and analysts.
Top contributors
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Senior Lecturer in Financial Crime Studies, Charles Sturt University
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Associate Professor in Finance, University of Sydney
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Lecturer, Financial Planning and Tax, RMIT University
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Visiting Fellow, Crawford School of Public Policy, Australian National University
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Professor of Accounting, The Ohio State University
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Associate Professor of Marketing, Concordia University
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Professor of Finance, RMIT University
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Angelique Nadia Sweetman McInnes is a Friend of The Conversation.
Academic in Financial Planning, CQUniversity Australia
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Senior Lecturer, Finance and Financial Planning, Griffith University