Former AMP, Synchron adviser chargedBY HARRISON WORLEY | FRIDAY, 21 FEB 2020 12:45PM
A former AMP and Synchron financial adviser has been brought before the courts for allegedly using the retirement savings of clients to fund his own lifestyle.Read more: Synchron, ASIC, Anthony Vivian Dick, Financial Adviser Register, Townsville Magistrates Court, Association of Financial Advisers, GWM Adviser Services, Jigsaw Support Services, NAB
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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