In light of recent action by ASIC, Hewison Private Wealth director Chris Morcom shares his thoughts with Miranda Brownlee on the problem of property spruiking and the risks associated with inappropriate leveraging in SMSFs.
Is the issue of property spruiking and individuals entering unsuitable SMSF leveraging arrangements still a pressing concern for the industry? If so what needs to be done?
The financial services industry was subject to further instability, confusion and bad press last week when the Coalition Government’s proposed changes to the Future of Financial Advice (FOFA) reforms were blocked in the Senate.
The looming so called crash of Chinese economy still hasn’t happened. For several years now the Australian public has been waiting in fear for the supposed end of the Australian mining boom and the devastating flow on effects it could have on our economy.