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Showing 2771 - 2780 of 7427 results for "MAI"

Industry fund simplifies super access

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
An enhancement to the online member portal of a $2.3 billion industry superannuation fund is making it easier for retirees to access their retirement savings. Once a member of Intrust Super reaches preservation age, a 'Join Pension' option now appears ...

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
Testimony provided to the Royal Commission by key financial advice associations and the corporate regulator raised concerns as to the organisations' efficacy in identifying and penalising misconduct. In closing the Royal Commission's inquiry into financial ...

Smaller super funds lead Roy Morgan rankings

HARRISON WORLEY  |  MONDAY, 30 APR 2018
An industry super fund with $8.1 billion in funds under management has topped the Roy Morgan Superannuation Satisfaction Report for the seventh month in a row. Tasplan, the industry superfund with 145,000 members, has again topped the Roy Morgan monthly ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
Financial advisers are struggling to comprehend the level of misconduct revealed by the past fortnight's Royal Commission hearings. Will the non-aligned advice space be strengthened by the findings? Or will the vertically integrated model withstand ...

Mainstream adds former Commonwealth Bank GM to board

HARRISON WORLEY  |  THURSDAY, 26 APR 2018
A former Commonwealth Bank general manager has joined the board of a $133 billion fund administrator. Mainstream Group Holdings appointed JoAnna Fisher to its board as an independent non-executive director, adding Fisher's 20 years of senior management ...

Fidelity to launch active ETFs

ALEX BURKE  |  THURSDAY, 26 APR 2018
Fidelity International will be launching a range of active ETFs in the Australian market as part of a move to make active management "frictionless" for investors. Speaking to Financial Standard, Fidelity Australia managing director Alva Devoy said that ...

Future Fund continues progress yet challenges lay ahead

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
Australia's sovereign wealth fund has continued to exceed benchmark return targets, with the fund now standing at $141 billion. Chair of the Future Fund Board of Guardians, Peter Costello, was pleased with performance of the fund, but mentioned that ...

Industry fund begins lifecycle pension strategy

HARRISON WORLEY  |  TUESDAY, 24 APR 2018
A $1.5 billion industry superannuation fund has added a dual-account lifecycle strategy to its pension offering. New pension members of REI Super now have a default lifecycle investment option which applies different investment mixes based on age. Existing ...

Wealth management products make big leaps in digital sales readiness

KANIKA SOOD  |  THURSDAY, 19 APR 2018
Australians can now apply for 60% of all wealth management products offered by the country's biggest banks from their mobile phones, according to a fintech which helps financial services companies acquire clients. Avoka measured digital sales readiness ...

Industry welcomes final Better Banking report

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
The final report of a two year reform program has outlined the progress made by Australia's banks in implementing the Better Banking Reforms Program. Handing down the report, independent governance expert Ian McPhee said commitment to the package of ...