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| | | The corporate regulator continues to hunt down perpetrators that give bad advice to self-managed super funds, sounding a warning that it is flexing its new powers in superannuation. ASIC commissioner Danielle Press told the recent SMSF Association's ... |
| | | | Netwealth's revenue from its cash transaction accounts could fall in the next year as the risk of ANZ Bank renegotiating the rate rises, according to Macquarie. Netwealth had $38.8 billion in total funds under advice at December end. Of this, about ... |
| | | | Woodside Petroleum's annual results, with a $US4.028 billion net loss for 2020, are food for thought for super funds, according to divestment activists. Several of Australia's largest super funds have significant holdings in Woodside. It appears ... |
| | | | ... activities," he said. "A focus on renewable energy is essential, but the deep cuts to carbon emissions that will be required to limit global warming cannot be achieved by clean energy alone." Companies with revenues derived from fossil fuel activities ... |
| | | | ... reduced service levels for large, complex or high-value commercial insurance customers. Additionally, it said it may also limit the insurance coverage and pricing smaller brokers are able to obtain for their customers. The ACCC is now considering whether ... |
| | | | There are clear opportunities to disrupt intra-fund and general advice that the industry is overlooking, shunning everyday Australians that need it most, according to superannuation experts. As the number of financial advisers continue to dwindle and ... |
| | | | The UK's financial regulator is warning investors that disgraced fund manager Neil Woodford is launching a new venture, WCM Partners. The Financial Conduct Authority was forced to act after Woodford announced that his new investment firm is in the ... |
| | | | ASIC commissioner Sean Hughes said the government's Product Intervention Powers (PIP) will allow the regulator to take a targeted, calibrated and less prescriptive approach to regulation. Speaking at the Australian Finance Industry Association Risk ... |
| | | | PPS Mutual has launched an income protection underwriting offering for newly qualified professionals starting out in their career. The Professional Choice offer will enable newly qualified professionals to increase their monthly income protection benefit ... |
| | | | Westpac's Advance Asset Management has notified its superannuation members of its intention to transfer the products into BT's new super product. Advance notified members of three funds recently: Advance Super Account, Advance Allocated Pension ... |
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