Best interests duty is not that complicated

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has thrown some light onto the superannuation sector’s conduct while left alone in the dark with the retirement savings of Australians.Although the interim report Commissioner Kenneth Hayne h...

The state of currency exchange in 2017

The foreign currency exchange market is one of the most lucrative and prospective industries in the world, and with the daily circulation reaching almost 4 trillion dollars, you can rest assured that with knowledge, practice, and a bit of luck you can get your piece of the monetary cake.But what ...

Voluntary Code of Conduct Found to be Legally Binding – What does t...

Posted by Justin Sprogis | Banking

Bankrupt estates -- debts and protected Assets

By Vanessa Varga, Mellor Olsson LawyersYour client comes in with a handful of superannuation statements and credit card statements. "I need your help" he says. "My son died suddenly. He didn't own a house, just some money in super. He didn't roll over his super funds. Got a whole stash of stateme...