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Super funds edge towards a flat 2018BY DARREN SNYDER | THURSDAY, 27 DEC 2018 12:53PM
The final quarter of calendar year 2018 started in horrible fashion for Australia's superannuation funds as about $22 billion was wiped from MySuper returns since January. However, some funds were able to manage the downside well.
Read more: Australia, Diversified, First Super Employer, Hostplus, Media Super, Next, NGS Super, non-profit MySuper, Pooja Antil, Rainmaker Information, recent Rainmaker, Recording, SelectingSuper MySuper/Default, Statewide Super
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AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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