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Vamos joins embattled insurerBY JAMIE WILLIAMSON | MONDAY, 12 NOV 2018 12:32PM
Industry stalwart Pauline Vamos is set to become chair of an ASX-listed insurance company which was taken to task during the Royal Commission.Read more: TAL, Royal Commission, Pauline Vamos, Freedom Insurance Group, Sean Williamson, AIG Life, Association of Superannuation Funds of Australia, CommInsure, Craig Orton, David Hancock, Decimal, Katrina Glendinning, Mercer Superannuation Trust, Spectrum Wealth Advisers
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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