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Showing 121 - 130 of 249 results for "Superannuation products"

CBA, ANZ told to clean up superannuation distribution

KANIKA SOOD  |  FRIDAY, 6 JUL 2018
An ASIC investigation alleges Commonwealth Bank and ANZ branches offered superannuation products to customers at the end of general fact-finding processes, which the customers may have mistaken as "personal" advice rather than "general" advice. Commonwealth ...

Same insurance cover, different price: Research

KARREN VERGARA  |  TUESDAY, 3 JUL 2018
... are offering, latest Rainmaker research reveals. The study of 15,000 insurance deals offered through 220 superannuation products found life insurance cover on average costs members about $3 per week. Young members pay half this amount, while older members ...

Best-in-show funds pose pressing issues for advisers

KARREN VERGARA  |  WEDNESDAY, 13 JUN 2018
The Productivity Commission's proposed best-in-show list of the top 10 default superannuation products could have pressing implications for financial advisers which shouldn't be overlooked. According to Wealthdigital technical manager Rob Lavery, the ...

Super protection policy needs improvement

DARREN SNYDER  |  FRIDAY, 1 JUN 2018
... the date on which the balance is calculated. It also prevents trustees from charging exit fees on all superannuation products, regardless of member's account balance, thereby removing a disincentive to account consolidation or rollovers by members ...

Budget measures to drive up super costs

ALEX BURKE  |  MONDAY, 14 MAY 2018
... changes, saying it will require legislation and may have a "significant impact across the design of many superannuation products." "Superannuation fund trustees should complete an impact assessment, including looking at whether there needs to be any ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... outstanding membership and levies to the FPA; take corrective action by training staff in relation to superannuation products; review and modify practices and processes to align with FPA rules; engage an independent expert for an external review; and ...

ASIC slaps fines on Spaceship and its trustee

KANIKA SOOD  |  TUESDAY, 10 APR 2018
... promotional claims are consistent with the underlying features of the product. "The accurate promotion of superannuation products is critical to enable Australian consumers to make well-informed financial decisions; particularly in this case given the ...

MySuper growth leads industry

KANIKA SOOD, DARREN SNYDER  |  FRIDAY, 6 APR 2018
... system. Rainmaker's latest MySuper report shows the sector is growing at twice (19%) the pace of overall superannuation products (10%), even though MySuper's 12-month growth in the December quarter was lower than the September quarter (24%). Biggest ...

AMP appoints director for $130 billion business

KANIKA SOOD  |  THURSDAY, 22 MAR 2018
... officer Paul Sainsbury. "Rod will drive the continued investments we're making in our market-leading superannuation products and investment platforms, while Lara's focus will be providing personal, engaging and highly relevant customer experiences," ...

Wearables driving life insurance engagement

KARREN VERGARA  |  FRIDAY, 2 MAR 2018
... it available to financial advisers and retail clients. "We are now looking to introduce [Vitality] to superannuation products and group partners," he added. Meanwhile, TAL rewards member's healthy living through a similar initiative, HealthSense. "The ...