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Showing 191 - 200 of 556 results for "Switch 2"

Industry fund changes insurer

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
An industry superannuation fund has swapped out Hannover Life as its provider for income protection cover, amid an overhaul of its insurance offering. NESS Super (New South Wales Electrical Superannuation Scheme) managed about $760 million in superannuation ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
A former Apogee Financial Planning adviser has been handed a four-year ban for failing to provide appropriate advice. Meanwhile, a former GPS Wealth representative has been banned for three years for similar misconduct involving insurance products. ...

Industry fund revamps MySuper offering

KANIKA SOOD  |  WEDNESDAY, 6 NOV 2019
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise. EISS Super is switching its MySuper options from a "conservative balanced" portfolio to a "balanced ...

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. ...

Hostplus, Club Super finalise merger

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2019
Hostplus and Club Super have officially merged as of today. The merger, which was announced in July, sees Hostplus add $600 million to its $45 billion funds under management and a further 22,000 members. Club Super accounts will be transferred to Hostplus ...

Inflation the forgotten risk to retiree portfolios

HARRISON WORLEY  |  WEDNESDAY, 30 OCT 2019
Advisers should not underrate inflation risk when building retirement income portfolios for clients, an AMP Capital portfolio manager told attendees at Financial Standard Retirement Income Best Practice Forum in Sydney this morning. Speaking during ...

Advisers band together: AFA Conference 2019 kicks off

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
With so much tension and uncertainty in the financial advice sector today, the Association of Financial Advisers is making it clear to financial advisers they are not alone. Speaking to Financial Standard ahead of the 2019 Association of Financial Advisers' ...

Open Banking gets another shot in parliament

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Morrison Government is reviving its Consumer Data Right bill - which includes the Open Banking changes that would give consumers access to and control of their own financial data. The bill was reintroduced to Parliament and read today. Treasurer ...

Subscription advice brings in US $1 billion

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUL 2019
Since introducing subscription-based pricing at the end of March, Charles Schwab's Intelligent Portfolios Premium has added US $1 billion in new assets under management. In a statement, Charles Schwab said it sees these early results as proof the move ...

Aussie HNWIs slip down global rankings

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty. According to Capgemini's annual World Wealth Report, the number of Australian ...