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Showing 2001 - 2010 of 4838 results for "EAC"

Productivity Commission addresses superannuation lottery

DARREN SNYDER  |  TUESDAY, 29 MAY 2018
The Productivity Commission recommends an independent review of insurance in superannuation; that Australians enter default super once; and that super funds disclose trailing financial adviser commissions. These are a few of the 22 recommendations in ...

Government consults on super access for victims of crime

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
The Federal Government released draft proposals for improving compensation for victims of crime, including the ability to claw-back irregular superannuation contributions made by criminals. To ensure superannuation accounts cannot be used as a safe ...

GROW Super seeks RSE licence

JAMIE WILLIAMSON  |  MONDAY, 28 MAY 2018
In recent years new superannuation players have emerged, each with a view to transform the system for the next generation. Although six of the 17 new super products to enter the fray are still yet to officially launch, they have already shaken the industry's ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

Advisers struggling with SMSF diversification

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Only one in five financial advisers consider clients' self-managed superannuation funds to be well diversified. The 2018 SMSF Insights Paper - a collaboration between Investment Trends, BT Financial Group and the SMSF Association - shows that despite ...

Managed accounts aid adviser time management

JAMIE WILLIAMSON  |  FRIDAY, 18 MAY 2018
Financial advisers using managed accounts are saving an average of 12.4 hours per week on portfolio management tasks, according to research from NAB and Investment Trends. The report shows using a managed account structure shaves the most time off investment ...

TCorp investment operations boss departs in leadership restructure

ALEX BURKE  |  THURSDAY, 17 MAY 2018
The general manager of investment implementation and operations at TCorp will leave the business after 13 years as part of a leadership overhaul. Jonathan Green joined TCorp in 2005 as head of investment management; he was previously manager member ...

PIMCO and Allianz begin hiring spree for new business

ALEX BURKE  |  THURSDAY, 17 MAY 2018
PIMCO and Allianz are launching a new Australian retirement income business and recruiting 50 roles in distribution, technology, actuarial, legal, operations, compliance, marketing and customer experience. The new business, Allianz Retire+ Powered by ...

Better than bonds: A new approach to lifecycle investment

KANIKA SOOD  |  WEDNESDAY, 16 MAY 2018
Superannuation funds could top up lifecycle members' end savings by about 30%, if they make a "mid-step" switch to defensive equities instead of gradually increasing allocations to bonds, according to new analysis from Parametric. Parametric's latest ...

More adviser participation needed to shape ethics code

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAY 2018
Financial advisers must consult on the draft code of ethics as it contains vague standards the industry has never previously been required to adhere to. While it is already expected that advisers comply with a raft of legal obligations, wealthdigital ...