Australia
Aussie Royal Commission ignored ‘value’ of financial advice
‘Disturbing’ suggestions were made based on the examples of poor professionals, says industry body
UK and Aussie watchdogs to help investors in illegal schemes
Investments were offered in carbon credits in Sierra Leone, Brazil and Australia
Australian investors get only A$1.5m back after class action
Around 4,000 people lost A$388m to the collapsed property investment scheme
Australian regulator in line for more powers?
Changes follow scathing Royal Commission into financial services
Australian bank exits financial advice
The move reflects a ‘trend by advisers to operate independently’