Advisers wary of ethical funds, launch own rating systemBY ELIZABETH MCARTHUR | WEDNESDAY, 5 JUN 2019 10:05AM
A co-op of financial advisers believes superannuation funds are performing poorly when it comes to providing ethical and sustainable investment options, as reflected in a newly launched rating system.
Read more: NAB, Australian Ethical, BetaShares, Pengana, WHEB, Future Super, Rockwell Automatic, Terry Pinnell
|Sponsored by MetLife Insurance|
Do your clients understand how commissions work?
| | |
The managing director of an AMP-aligned dealer group is exiting the business to take on a new role.
BT Financial Group has shut down a $670 million global property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors.
Perpetual has confirmed the appointment of a head of risk, promoting from within to fill the newly created role.
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|