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| | | As APRA prepares its traffic light rating system for super funds, AMP's head of wealth warns risk needs to be on the table to ensure consumers compare apples with apples. Chief executive of AMP's Australian wealth management division Alex Wade ... |
| | | | ... "Profit-to-member funds are structured in a way that puts members' interests front and centre," she said. "Unlike bank-owned super funds and other for-profit providers, profit-to-member super funds do not return profits to commercial shareholders and ... |
| | | | ... their socially responsible fund holdings. However, according to Rainmaker research, Hostplus was one of the first super funds in Australia to publish its fund-wide portfolio holdings and specific exposures to each of these investments. Hostplus is also ... |
| | | | ... products and platforms for Mercer Super Trust, Mercer Portfolio Service and third-party administration for corporate super funds. The appointment sees eight roles of MLC Wealth's 10-person executive team now filled. MLC Wealth chief executive Geoff ... |
| | | | ... performing fund doesn't always mean the fund is under performing," added Dunnin. This SCC research highlights that super funds in this position need to do a much better job at explaining their narrative in this regard, he said. Super Consumers Australia ... |
| | | | ... Clifford said. CommSec Advisory offers financial advice to clients, including high-net worth clients and self-managed super funds. CommSec Advisory staff will be invited to join Morgans' offices in Brisbane, Sydney, Melbourne and Perth. "Morgans ... |
| | | | ... he left behind a 28 year career at the global financial services firm. Jenkins' new role will see him provide super funds with "strategic consulting advice" such as changes to insurance and member outcome requirements. Mercer institutional wealth ... |
| | | | ... will merge later this year. Hostplus and Club Super are set to merge in just over a month, after the two industry super funds signed a Successor Fund Transfer Deed (SFT), marking a significant milestone in the union originally proposed in the beginning ... |
| | | | Rainmaker research has shown the difference between the best and worst performing super funds can equate to a difference of up to $880,000 in balances for retirees. The research shows the worst performing funds are paying 5.3% return, a big difference ... |
| | | | ... to utilise a range of information to establish if a member is in a risky job." ISA recommended the government allow super funds to obtain occupation data from the ATO, and make use of contributing employers' business type. Welcoming the legislation ... |
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