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Actuaries Institute proposes new performance test measure
The Actuaries Institute has proposed revising the annual superannuation performance test, so it better aligns trustees' investments with the best financial interests of members.
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MSC Certane has been appointed as trustee for Suncorp's latest note issue.
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The peak accounting body said most auditors believe the government's mandatory reporting rules are a "significant miscalculation".
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Why advisers should consider offering general insurance to HNW clients
I have read many articles over the years about servicing high-net-worth (HNW) clients in the financial services industry.
The role of AI in financial planning: Insights from the US
Ever since ChatGPT burst onto the scene late last year, generative AI has been front and centre of business discussions and financial planning, just like ...
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Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
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Well. Another of Labor's mavericks. Just wonder how far this one will go.
Chris Bowen is highly predictable and at it again like a cracked record.
Financial Standard reported that Chris Bowen told MEDIA at the AFA conference they were to be considering a ban on risk Insurance, but did he stand up in front of the delegates in his session and tell them his plans? I doubt it.
Good luck in opposition Chris Bowen.
By the way, you can't have an accurately "damning report" on an industry or profession when the sample size represented only 0.40% of the total number of Financial Planners and Advisers in Australia. In fact, you can't have a report on an industry or profession at all by only assessing 0.40% of the potential group.
Well, yet further posturing from the government-in-opposition. However, if the actual govermnent is serious about addressing under-insurance why doesn't it make life-risk insurance premiums across the board tax deductible - not just IP premiums?
Surely that can be worked out and represents a far more positive step towards reducing under-insurance than adviser-beating and looking at ways advisers are remunerated.
If ever using fee-for-service instead of commissions can be worked out in life-risk insurance where all stakeholders will be happy, the person putting that together should get the Nobel Prize for Ingenuity!
Chris Bowen, some questions. (1) Have you ever worked in the industry? (2) Have you considered looking at things in a practical and more professional way?
Carrying on like this is not taking responsibility and shows how uneducated you are regarding our industry.