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AustralianSuper embraces goals-based advice

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2018
Australia's largest superannuation fund is making the switch to goals-based financial advice. Speaking to Financial Standard, AustralianSuper group executive, member experience and advice Shawn Blackmore said the $120 billion fund has started to integrate ...

Getting better and betterer

BENJAMIN ONG  |  TUESDAY, 9 JAN 2018
There's certainly no denying that the bulls ruled Wall Street over the course of 2017 with its record breaking feat splattered all over the financial headlines one day after another. Less focused on was the fact that the S&P 500, the DJIA and the Nasdaq ...

Life insurance inflows stable: Research

KARREN VERGARA  |  MONDAY, 8 JAN 2018
The life insurance market grew 2.4% to $16.2 billion in the year to September, latest statistics from Strategic Insight show. The group insurance segment however, recorded minimal growth, up 1.8% year-on-year to $6.3 billion, with MetLife (14.1%), TAL ...

DomaCom enters retail super market with new partnership

ALEX BURKE  |  MONDAY, 8 JAN 2018
Fractional property investment manager DomaCom made a successful play for the retail superannuation sector last week after its fund was approved for inclusion by an Australian super trustee. The DomaCom Fund will now be available as an investment option ...

DomaCom secures first integration

JAMIE WILLIAMSON  |  FRIDAY, 22 DEC 2017
Fractional property investor DomaCom has announced its first integration, allowing financial advisers to automatically include DomaCom sub-fund investments in client reports. DomaCom has entered into an agreement to integrate its property sub-funds ...

Fee-for-service faces ultimate risk test

DARREN SNYDER  |  TUESDAY, 19 DEC 2017
Rollout of the Life Insurance Framework (LIF) on 1 January 2018 will be the strongest test of fee-for-service risk advice, a model seen as imperative to the financial advice industry's future. Industry experts say the critical component to make fee-for-service ...

CommInsure life insurance ads misleading: ASIC

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
The final investigation into CommInsure will see the life insurer pay $300,000 to a community group after ASIC raised concerns about misleading advertisements for two of its life insurance policies. An investigation between mid-2013 to March 2016 found ...

What do you want to see in Financial Standard?

STAFF WRITER  |  THURSDAY, 14 DEC 2017
Next year, Financial Standard plans to improve its news coverage based on the outcome of an annual readership survey released this morning: Readership Survey. While the survey is open until January 19 next year, here are some of the initial findings ...

Advice industry must think bigger: Netwealth

JAMIE WILLIAMSON  |  TUESDAY, 5 DEC 2017
Australia's financial advice industry should pay heed to the likes of Facebook, Google and Uber if it is to meet the evolving expectations of clients. Speaking at the inaugural IMAP InvestTech conference in Sydney today, netwealth joint managing director ...

Social media boosting super fund engagement

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2017
Superannuation funds are bolstering their commitment to digital engagement, with the use of social media almost doubling since 2015. A recent survey by Willis Towers Watson found that 94% of super funds are increasing their investment in digital technology ...