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Head of sales departs CrestoneBY ELIZABETH MCARTHUR | TUESDAY, 1 JUN 2021 12:40PM
Crestone Wealth Management has lost its head of sales, with a replacement yet to be appointed.Read more: Crestone, South Australia, Adelaide, Crestone Wealth Management, UBS, ANZ, Edward Blight, Ida Wong, James McBride, Kieran Purcell, Morgans Financial, Nicholas Hamersley, Sonya Brocklehurst, Westpac Premier, Westpac Private
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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