Citi to pay $3m in advice remediationBY HARRISON WORLEY | TUESDAY, 16 APR 2019 11:41AM
Citigroup will pay more than $3 million to remediate customers who received general financial advice, believing it to be personal advice.Read more: Citi, Advice, ASIC, Remediation, Karen Chester
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women.
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement.
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service.
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal.
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