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Group insured, advised clients better off
HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
A joint-project on life insurance claims and disputes has revealed group insured and advised clients are better off when it comes to life policies. Just the second publication to use the full data set from ASIC and APRA's initiative since its launch ...
Superannuation fund cuts fees
HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
An ethical superannuation disruptor is the latest to adjust its fees before the Protecting Your Superannuation legislation hits. Future Super is cutting fees for low balance members. From July 1, the $400 million fund will remove the set dollar administration ...
UK fund manager appoints local lead
HARRISON WORLEY  |  THURSDAY, 27 JUN 2019
A $5.3 billion renewable infrastructure manager named a lead for its Australian office as it looks to launch a suite of local products. Foresight Group appointed Kim Nguyen as head of Australia, to lead the asset manager's expansion in the local ...
Excellence in managed accounts recognised
HARRISON WORLEY  |  WEDNESDAY, 26 JUN 2019
The Institute of Managed Account Professionals (IMAP) celebrated excellence in managed accounts at the IMAP Managed Account Awards in Sydney last night. Seven organisations were highlighted for their commitment to the sector, across various categories ...
AstuteWheel adds capability
HARRISON WORLEY  |  WEDNESDAY, 26 JUN 2019
Financial planning software provider AstuteWheel launched the third generation of its software solution, with new regtech capabilities. The third generation of the firm's software adds functionality, with a new base product allowing advisers to onboard ...
Industry funds could solve energy crisis: ISA
HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
Industry superannuation funds believe they hold the key to unlocking Australia's energy crisis. Peak industry superannuation body Industry Super Australia today released a new discussion paper calling for industry funds to take a leading hand in ...
IOOF names new chief executive
HARRISON WORLEY  |  TUESDAY, 25 JUN 2019
IOOF has appointed a permanent chief executive and managing director. Acting chief executive Renato Mota has been appointed to permanently lead the embattled wealth manager through a significant period of upheaval. The wealth firm also appointed Mota ...
Rest increases renewable energy investment
HARRISON WORLEY  |  MONDAY, 24 JUN 2019
The $50 billion industry super fund will take full ownership of the largest wind farm in Western Australia as it moves to boost its infrastructure portfolio. Rest has agreed to buy out UBS Asset Management's 60% stake in Western Australia's Collgar ...
Super fund amends constitution
HARRISON WORLEY  |  MONDAY, 24 JUN 2019
An $11 billion superannuation fund amended its constitution to increase the influence of independent voices on its board following an APRA probe. Late last week Local Government Super revealed it had been in "ongoing engagement" with the prudential ...
Future Super to offer investment app
HARRISON WORLEY  |  FRIDAY, 21 JUN 2019
The $400 million superannuation fund is set to launch an investment app. Future Super is planning to open the doors to Array, an app allowing everyday Australians to invest in renewable energy for as little as $5. According to the Array site, the first ...
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