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| | | The Financial Ombudsman Service (FOS) has received less complaints against investments and financial planners in the past year, new figures show. Alison Maynard, investments, life insurance and superannuation ombudsman, said the number of investment ... |
| | | | ING's brand will be phased out as ANZ renames ING's specialist funds management and life insurances businesses in Australia and New Zealand as OnePath. Products and services under the acquired ING Australia business will come under the OnePath brand. ... |
| | | | Count Financial has selected Outplan as the sole provider of its paraplanning services to 900 advisers. Outplan, which has been working with Count for more than three years in a more limited capacity, will now provide paraplanning services across the ... |
| | | | One in four retail super fund members are considering switching to other super options because they are dissatisfied with the fees, customer service or investment options, CHOICE research found. Choice's survey of 1,400 members in June showed 23 per ... |
| | | | The Financial Planning Association of Australia pairs up with the Responsible Investment Association Australasia (RIAA) to promote responsible investment advice to its members. The partnership is part of the FPA's push to improve educational opportunities ... |
| | | | The Australian stock market has opened higher, led by strong gains in the resources sector and helped by a positive night on offshore bourses. At 1015 AEST, the benchmark S&P/ASX200 index was up 38.5 points, or 0.85 per cent, at 4,580.1 points, while ... |
| | | | ... manager continues to invest in its personnel to better serve the local market. "Dale's hire is a continuation of this long-term plan," he said. This follows the group's announcement last month of an Australian equities operation, hiring former Schroder ... |
| | | | Platform provider Wealthtrac has launched a new share trading facility that allows advisers to choose from six panel brokers, including JB Were, Morgan Stanley and RBS Morgans. Matthew Johnson, chief executive and managing director of Wealthtrac, said ... |
| | | | ... TOWER Australia is the largest non-bank specialist life insurer in the local market and fourth largest overall, according to Plan for Life figures at the end of March. Jim Minto, managing director at TOWER Australia, said the move to one product, Accelerated ... |
| | | | ... Prudential Regulation Authority to operate the MySuper fund. "The MySuper reforms are part of the Gillard Labor Government's plan for a stronger economy and are the next phase of Labor's reforms to our national superannuation system," noted a statement ... |
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