David Sharpe

In this week's Friends With Money episode, host Ryan Johnson speaks with financial adviser David Sharpe, chair of the Financial Advice Association Australia (FAAA), about how to react to a sudden windfall - from $100,000 to $1 million, $10 million and even $1 billion. Sharpe advises first confirming the money is real, then slowing down to avoid emotional decisions, and keeping the news private (limited to a spouse and trusted professionals).

There are a lot of myths and preconceptions when it comes to retirement. Regardless of age, you can put into action a plan today that will help you achieve your goals and live an epic life. This week on the Friends With Money podcast, Money's Michelle Baltazar speaks with author Rebecca Wilson about living your best life and future retirement. Retirement is just for old people, right? Money for nothing (for not much effort) "C" is for...?

The Joint Association Working Group has penned an open letter backing the Quality of Advice Review reforms but has put an emphasis on getting quick wins for the industry. Those quick wins, highlighted by the Minister for Financial Services Stephen Jones in March at the Conexus Financial Quality of Advice Review roadshow were simplifying the disclosure process including reducing Statements of Advice, as well as eliminating the safe harbour steps.