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| | | Westpac has decided to fold the Specialist Businesses Division that once housed its platforms, superannuation and insurance businesses, redeploying its lead Jason Yetton. The bank has restructured in support of its next strategic phase, chief executive ... |
| | | | AMP has delivered a return of 9.1% for members of its biggest superannuation product. The AMP MySuper 1970s investment option returned 9.1% for the financial year ending 30 June 2023. The lifecycle superannuation option, which uses a balanced growth ... |
| | | | ClearView has copped an interim stop order on two of its life insurance products after ASIC found deficiencies in its Target Market Determination (TMD). The interim stop order applies to Clearview Life's ClearChoice Income Protection Cover and Accidental ... |
| | | | Financial advisers have 14.5 years of professional advice experience on a median basis, but very few have more than 20, a Rainmaker analysis shows. Rainmaker's June 2023 Financial adviser report based on ASIC's Financial Adviser Register found that ... |
| | | | UniSuper achieved double-digit returns for FY23, revealing the shares that helped get it there and those that held it back. With more than $120 billion in assets under management, the fund returned 10.3% to members invested in the default Balanced option ... |
| | | | Buoyed by the local and global share markets and defying periods of volatility, TelstraSuper's MySuper Balanced option delivered 9.34% in the 2023 financial year. Chief investment officer Graeme Miller said the last financial year provides another example ... |
| | | | The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ... |
| | | | ClearView has bolstered its leadership team with three appointments across operations, product and pricing, and technology. Joanne Faglioni, who originally joined ClearView in late 2021 as chief claims officer, has been promoted to group executive of ... |
| | | | After 43 years working in the financial services industry, Leigh Watson feels it's time to step back from full-time work and spend more time with family and friends. Watson left Swiss Re on June 30 after nine years as the head of life & health reinsurance ... |
| | | | Financial advice firms AMP Financial Planning, Synchron, and Charter farewelled the largest number of advisers, dragging down the total population to 15,708 from 16,415 at the end of the 2023 financial year. Rainmaker analysis of ASIC's Financial Adviser ... |
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