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Why remediation jobs aren't short-termBY ELIZABETH MCARTHUR | TUESDAY, 24 MAR 2020 3:31PM
The woman who ran BT Financial Group's advice remediation program has revealed what financial advisers need to know about remediation, and why some of the banks may make their remediation teams permanent.
Read more: BT Financial Group, Royal Commission, ANZ, NAB, ASIC, Commonwealth Bank, Lively Consulting, Magnitude, Melissa Bogg, Securitor, Westpac
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The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
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Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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