Grandfathered commissions: Where to from here?BY JAMIE WILLIAMSON | WEDNESDAY, 19 DEC 2018 11:22AM
Almost two-thirds of financial advisers are against the removal of grandfathered commissions.
Read more: NAB, Royal Commission, ANZ, Association of Financial Advisers, FS Advice, ABA, AFA, Anna Bligh, Association of Superannuation Funds of Australia, Australian Banking Association, BT Financial Group, CBA Wealth Management, Commonwealth Bank, Financial Standard, IOOF, Michael Venter, NAB Financial Planning, NAB Wealth, Rowena Orr
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Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is stepping down after a decade in the role in a surprise announcement made this morning.
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator.
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