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Super funds eye intra-fund advice shake-up

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
The superannuation industry has its sights on lifting restrictions around intra-fund advice, the Conference of Major Super Funds has heard. Speaking on a panel discussing the future of advice in superannuation, Industry Funds Services (IFS) chief executive ...

Smaller platforms continue to excel

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... gains against their institutional competitors, according to Investment Trends' latest report. Netwealth and HUB24 were top of the platform pile in 2018 according to the firm's annual benchmarking and competitive analysis report. It ranked the ...

Couples need to talk money

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... much a financial commitment as a personal one. "From discussing how to manage joint finances to making sure you're staying on top of your account balances - there are practical considerations every couple should discuss." Westpac's report also highlights ...

Hermes inks local ESG partnership

KANIKA SOOD  |  TUESDAY, 12 MAR 2019
The British investment management giant has signed an agreement to share its ESG expertise with an Australian body for asset owners. Hermes Investment Management's stewardship business (EOS) will share engagement insights about Australian and global ...

Slow but steady: SMSF growth continues

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... million flowed out of AMP; while First State Super and AustralianSuper lost $340 million and $300 million respectively. The top performing super fund was Macquarie Super, which was the only fund in the top 20 to register a positive net flow. Roughly ...

Sole purpose test divides industry

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
A promotional offer to members of a super fund exposed the grey areas of superannuation regulation, as the industry debates whether bonus frequent flyer points schemes breach the sole purpose test. AustralianSuper is currently offering 20,000 Qantas ...

Gender pay gap should be government priority

KARREN VERGARA  |  FRIDAY, 8 MAR 2019
... genders) representation on boards, and political and business leadership roles. Braund said enshrining the 40% principal at the top level in which 40% of the financial assets are owned or controlled by women, would "avoid the perfect of storm of more ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
From chief executives to chief underwriters, risk advisers to mental health and consumer advocates, here are the stories of six women in financial services you should know about. Financial Standard has profiled six women from different parts of the ...

Janus Henderson operations head departs

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... investment capabilities: fixed interest, Kapstream (also fixed interest), global natural resources and diversified alternatives. On top of this are four global funds: emerging markets, equity income, equity and global fixed interest.

New retirement loan launches

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
... provide adequate, reliable, lifelong retirement funding while the retiree continues to live at home. The loan can be used to top up superannuation or investment accounts, home renovations, fund health and aged-care costs and support family members with ...