Industry fund appoints new group insurer, ups indirect feeBY JAMIE WILLIAMSON | WEDNESDAY, 20 NOV 2019 12:48PM
A $2.6 billion industry superannuation fund has brought to an end its long-standing relationship with Hannover Life Re, appointing a new life insurer. At the same time, the fund has increased its indirect administration fee.Read more: Intrust Super, AIA Australia, Hannover Life Re, Instrust, Brendan O'Farrell, Damien Mu, Financial Standard
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New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.
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A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas.
Close to a third of wealth management organisations are looking to boost staff numbers this year, with sales roles expected to be most in demand.
Spaceship has boosted its executive team through the appointment of three executives, including a former leader of Macquarie and Bennelong Asset Management.
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