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Showing 3041 - 3050 of 6884 results for "Act2"

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ...

ASIC identifies potential risks in ETP market

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
ASIC has identified three potential risks in the $40 billion market for exchange-traded products, following a review triggered by SMSFs and retail investors' growing investment in the vehicles. The three risks in the ETP markets were: temporary widening ...

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
Adviser Ratings is proposing a new rating system for Australia's 1800 financial advice licensees that could potentially predict instances of misconduct. The new system, outlined in a new white paper, will see licensees rated in two ways; the first using ...

Zuper opens its doors

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
Millennial super fund Zuper has officially launched to make a play at the $2.6 trillion superannuation industry. Aiming to "empower" millions of young disengaged Australians with their superannuation, Zuper was founded in early 2017 by chief product ...

AMP moves to reset business

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
AMP is reducing fees on its flagship MySuper products and expediting $290 million in compensation to customers that received bad financial advice. Reflecting plans for the simplification of its superannuation product offering, AMP said it will implement ...

Super enters new digital advice realm

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
Superannuation fund administration giant Link Group is upgrading all its existing clients to a new digital advice product. Link Group is launching Super Blueprint 3.0, providing superannuation fund members with tailored digital advice in relation to ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
BT Financial Group will pass on the benefit of banning grandfathered commissions to its clients instead of retaining it, the Financial Services Council Summit heard. BT Financial Group general manager advice Michael Wright told Financial Standard the ...

Member takes $50 billion industry fund to court

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JUL 2018
An individual member is taking a $50 billion superannuation fund to the Federal Court for failure to disclose its exposure to climate change risk and preventative actions. Mark McVeigh, a 23-year-old Rest member, is taking the fund to court over claims ...

Industry fund grows advice access

HARRISON WORLEY  |  WEDNESDAY, 25 JUL 2018
A $5 billion industry superannuation fund is bolstering its member engagement strategy through the launch of an e-advice capability. From today (July 25), Media Super is introducing its new financial advice capability within a refreshed version of its ...

Deductible super contributions front of mind: BTFG

HARRISON WORLEY  |  FRIDAY, 20 JUL 2018
After reforms paved the way for more Australians to top up their superannuation, financial adviser queries around deductible personal super contributions have increased. According to BT Financial Advice's (BTFA) technical team, the top query from financial ...