Two court cases have laid the blame for poor SMSF documentation and investments at the feet of auditors. It’s not a ‘tick and flick’ exercise and there are lessons for SMSF trustees and professionals.
Tag Archives | duty of care
Following the Ripoll Inquiry in November 2009, the Labor Government formulated the Future of Financial Advice proposals. A lot has happened since, and the Royal Commission is dealing with the consequences.
When two Nobel Laureates sit down to discuss the topic ‘Why does the public hate us?’, you know there’s a major problem. And the Murray Interim Report raises many concerns about wealth management in Australia.
The Senator’s ICAC appearance this week was a fascinating study into the responsibilities of a company director. Every current or aspiring director should read the verbatim discussion in this article.