“At the end of the day, average people are going to be the ones; they are going to have to pay for all of this. Because they always, always do” ~ Mark Baum, played by Steve Carell in THE BIG SHORT. We still don’t get it. Did you see or read The Big Short? Great...
In his article “Opportunity still knocks – be sure to read the fine print”, Stuart Washington points out that the investment and superannuation industry is finding the emergence of trustees’ liability rather unpalatable. Sandhurst, Fincorp’s trustee, doesn’t think it...
In his article regarding the emerging liability of fund trustees (“Opportunity still knocks – be sure to read the fine print”), Stuart Washington points out that the current set-up requirements for trustees and responsible entities, namely $5 million in capital and an...