DIY fund trustees exposed to risky investments

By John Collett
Updated August 31 2014 - 10:18am, first published August 20 2014 - 12:15am
There has been confusion about the division for years.
There has been confusion about the division for years.

DIY super fund trustees could be exposed to risky and complex investments by advisers and lose the protection of financial advice laws after clarification of the definition of “retail” and “wholesale” investors by the regulator.