Editor's Choice
AMP, CFS and Vision Super get the Epic Retirement Tick
|Three super funds, AMP Super, CFS FirstChoice and Vision Super, have joined the line-up of funds that have received the Epic Retirement Tick from Chant West and the Epic Retirement Institute.
Another C-suite member leaves Rest
|The super fund has seen another C-suite executive depart this week, following the chief financial officer's exit in August.
Brookfield AM managing partner calls time
|A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm.
MLC Super cuts admin, investment fees
|MLC Super will cut administration and investment fees for members from October 1, with 511,000 members set to benefit from lower costs across its superannuation options.
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The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Cliff Man
HEAD OF PORTFOLIO MANAGEMENT
GLOBAL X ETFS AUSTRALIA
GLOBAL X ETFS AUSTRALIA
ETF Shares chief executive Cliff Man spent his career automating, building and challenging established systems. Now, he is betting that Australia's ETF market has room for something different. Vinny Vucago writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
Allowing beneficiary members of the Class Action to have a second bite at the compensation trough is wrong. To get to the CSLR the matter has to be an unpaid determination from AFCA.
The EDR schemes were set-up to provide a non-court based avenue for compensation and have been hi-jacked by the ambulance chasers. AFCA's own Terms of Reference effectively ban those who have negaged in legal action from accessing the scheme, but in their usual "the Rules don't apply to us if we feel like it" approach clients of DASS will have a second go at compensation funded by industry particpants that had nothing to do with the fund failures and through a scheme that is using retrospective legislation to include them.
Just another anti-adviser attitude.