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Pinnacle appoints distribution directorBY ALEX BURKE | TUESDAY, 16 FEB 2016 12:32PM
Boutique group Pinnacle Investment Management has appointed a new director of distribution.Read more: Pinnacle Investment Management, London, Megan Jenner, Antipodes Partners, Bennelong Asset Management, Metrics Credit Partners, Palisade, Plato, Resolution Capital, Sadrian Bowman Capital, UBS
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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