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Showing 181 - 190 of 589 results for "ACCR"

IOOF continues leadership reshuffle

HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
IOOF has made yet another change to its leadership, with two executives headed for the exit. The much anticipated IOOF senior management review initiated by new chief executive Renato Mota earlier this year has finally come to an end, with the wealth ...

Consumer data right for open banking delayed

ALLY SELBY  |  FRIDAY, 20 DEC 2019
The ACCC has delayed the launch of consumer data right (CDR) for the banking sector to July 2020, postponing key components of the reform that would have allowed the kick-off of open banking in Australia by February next year. Consumers will now be ...

AMP to cut contribution fees

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2019
AMP has informed licensees and financial advisers it will phase out contribution fees in Q1 2020. In a letter from AMP managing director of superannuation, retirement and platforms Lara Bourguignon, AMP has said it will cease charging and paying contribution ...

Adviser tampered with MySuper

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
A former Aon Hewitt adviser copped an ASIC ban after he was found to have stopped 331 Aon Master Trust default superannuation members from switching to the cheaper MySuper option. Thanh Huu Tran has been banned for two years as a result of the misconduct. ...

IOOF to cut bonuses, pays Kelaher millions

ELIZABETH MCARTHUR  |  TUESDAY, 29 OCT 2019
IOOF's annual report includes details of the termination remuneration for former managing director Christopher Kelaher. The report shows Kelaher received a termination payment of $1,273,379 in lieu of his contractual notice period along with additional ...

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused ...

Praemium FUA skyrockets

KARREN VERGARA  |  TUESDAY, 13 AUG 2019
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service. The ASX-listed platform's FUA shot up 108% in FY19 as a result of launching the Virtual Managed ...

FPA launches new CPD platform

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUL 2019
The Financial Planning Association of Australia (FPA) launched a new continuous professional development solution for members. The FPA's My CPD solution will allow members to track their CPD on the FPA Learn online education platform. My CPD allows ...

Australian fintech, Deliveroo partner

KRISTI CHENG  |  TUESDAY, 23 JUL 2019
The food delivery provider has partnered with an Australian fintech appto help their riders during tax time and accrue retirement savings. Deliveroo partnered with Solo & Smart, a mobile app designed for the self-employed in Australia, offering automatic ...

Association names new chief

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
The Stockbrokers and Financial Advisers Association will welcome a new chief executive at the end of August. SAFAA chief executive Andrew Green announced his intention to step down at the association's recent annual conference. Succeeding him will ...