What you read in 2019: Financial adviceBY JAMIE WILLIAMSON | THURSDAY, 19 DEC 2019 12:43PM
There wasn't a dull day to be had in Australia's financial advice industry in 2019, but unfortunately it was rarely a good thing.Read more: Westpac, NAB, MLC, BT Financial Advice, BT Financial Group, Kaizen, Nippon, SMSF Advisers Network, Alex Wade, AMP Financial Planning Association, Association of Financial Advisers, Brad Cooper, George Frazis, Magnitude, Mike Wright, Royal Commission, Securitor, Viridian Advisory, Westpac Financial Planning
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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