Fri, 19th Sep 2025

This episode of 'Weekly Superannuation News Wrap' reports on the Property Investors Council of Australia's concern over unregulated financial advice in the property investment sector. Professionals such as buyers' agents, accountants, and mortgage brokers are allegedly providing unsolicited advice on complex financial structures, potentially contravening the Corporations Act. Ben Kingsley, the Council's Chair, criticizes these practices for potentially endangering clients. The Financial Advice Association of Australia is making efforts to report violations to the Australian Securities and Investments Commission, reflecting their commitment to protect consumers. The spread of 'get rich quick' schemes highlights the value of licensed professional advice and quality financial services, like those from host, Financial Services Online.