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| | | ... overseeing its investment strategy design and performance. Team Super names retirement chief Former Aware Super head of advice Sarah Forman was appointed chief retirement officer at Team Super ahead of its merger with TWUSUPER to create a $21 billion ... |
| | | | ... lead decisions for MWL Financial Services, Financial Services Group Australia, United Global Capital and Next Generation Advice have been issued by AFCA. Since reaching some 1659 complaints earlier this month, the number of complaints filed in relation ... |
| | | | ... superannuation investment scheme, Shield Master Fund. While authorised by MWL, Van Coppenhagen provided "inappropriate" advice by recommending his clients invest most of their super into the 'High Growth' or 'Growth' class of the Shield, which was not ... |
| | | | ... provide a detailed breakdown on how they spend member money. This includes divulging how much they spend on administration, advice, member services, marketing, trustee board (including director remuneration), and other corporate overheads such as travel ... |
| | | | ... conflicted remuneration provisions. "Conflicted remuneration has the potential to cause consumers to be given financial product advice that is weighted to the provider's interests and may not suit consumers' needs." The court has ordered RM Capital and ... |
| | | | ... account structure", BT head of managed accounts Zac Leman said previously. Now, the offering has been expanded to the broader advice market through retail IDPS and superannuation, providing access via the low-cost compact menu with a minimum investment ... |
| | | | Victorian financial advice firms Coastline Advice and Edge Advisory Partners have announced plans to merge and create a multi-disciplinary advice business. The combined entity will operate under the Coastline Advice brand, and will collectively house ... |
| | | | There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ... |
| | | | ... in emerging technologies including AI will serve our members well as we continue to innovate in service, investments and advice for their benefit," McLoughlin said. McLoughlin thanked outgoing director Patricia Faulkner for contribution over the past ... |
| | | | ... exclusive agreement with Bain Capital Private Equity to progress the sale. The wealth management business had funds under advice (FUA) of $21.5 billion at the end of June. It operates financial advisory firms Fordham Group, Perpetual Private, Jacaranda ... |
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