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Showing 101 - 110 of 249 results for "Superannuation products"

Millennial super products still just hype

KANIKA SOOD  |  WEDNESDAY, 12 JUN 2019
... pitched specifically at them have been slow to take off, new Rainmaker research shows. Australia had 19 superannuation products designed for millennials and marketed as app-based disruptors, as at April 2019. In reality, a third of these are still just ...

Midwinter acquires InvestmentLink

ELIZABETH MCARTHUR  |  TUESDAY, 14 MAY 2019
... component of the future advice landscape, given that the impending Open Banking legislation completely ignores superannuation products. "Additionally, we have found many of our digital superannuation fund clients prefer not to implement any systems where ...

Industry funds dominate AAA quality list

KARREN VERGARA  |  FRIDAY, 3 MAY 2019
One-in-four superannuation products have achieved Rainmaker's AAA quality benchmarks this year, the majority of which are provided by not-for-profit funds. Following an in-depth assessment of 750 superannuation products, only 174 or 23.2% received ...

ASIC delays choice product dashboards

KARREN VERGARA  |  THURSDAY, 11 APR 2019
... Superannuation Trustees has slammed ASIC's move to defer consumer disclosure requirements for choice superannuation products for up to four years. Currently, superannuation funds with more than five members must disclose dashboards for MySuper products ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA  |  THURSDAY, 4 APR 2019
... forced to pay. The banks paid a total of $2.5 million community benefits after ASIC found branch staff sold superannuation products to customers under the guise of general advice and not personal advice. Frydenberg also allocated to the Superannuation ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
... occupational risk." Also passing through the Senate last night were changes to the level of scrutiny on choice superannuation products, with fees, costs and returns now subject to new reporting standards. Importantly, fees will be capped at 3% for members ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... risk and life insurance sold through them. Advisers also account for about 32% of the distribution of superannuation products. Roy Morgan industry communications director Norman Morris said many of the issues raised in the Royal Commission were in relation ...

Hayne targets superannuation employer connections

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne took a hard-line against hawking superannuation products and the practices of "treating" employers in his final Royal Commission report. Hayne wants the hawking or unsolicited offer of superannuation products to be prohibited ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... of life insurance executives. Hayne wants hawking of insurance products to be prohibited, just like for superannuation products. In September, ClearView admitted it's direct life insurance business had breached the anti-hawking law more than 300,000 ...

Game over for grandfathered commissions

JAMIE WILLIAMSON  |  THURSDAY, 10 JAN 2019
... states that the time for transition is over; "the commission supports a full ban of all commissions on superannuation products, which will likely have the effect of reducing the fees currently paid by members of some retail products." Referencing the ...