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How personality tests add value in advice

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
Two financial advisers in Sydney say they are on to the next big thing - helping clients succeed through rigorous, double-blind, scientifically backed personality tests. Tristan Scifo and Harry Goldberg at Purpose Advisory offer Personality Typing Coaching ...

Risk advisers a dying breed: Research

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
... Integrity Life attracting attention. "Industry wide, 28% of planners say they intend to start using a new insurer in the next 12 months, with the new, less established insurer brands such as NEOS, Integrity and MetLife leading in planner perceptions," ...

IOOF risk chief walks after four months

HARRISON WORLEY  |  WEDNESDAY, 20 NOV 2019
... role of chief risk officer. Ms Noble and IOOF agreed that now was the right time to secure someone to steer us through the next phase of our governance uplift." IOOF added Mota's senior management review - announced when he took his post in June ...

Axsesstoday appoints chief executive

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 NOV 2019
... executive following privatisation and investment from Cerberus Capital Management. Craig Edwards will lead the company in its next phase, replacing interim chief executive Stewart Winspear. Edwards joins from Pepper Asset Finance, where he was head of ...

Total Financial Solutions to shutter next year

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
CountPlus has announced an early 2020 end date for the Total Financial Solutions (TFS) dealer group. The plan was confirmed today at CountPlus' annual general meeting. TFS currently has around 81 financial advisers on staff, with CountPlus saying 62 ...

MLC Life wins group insurance mandate

JAMIE WILLIAMSON  |  MONDAY, 18 NOV 2019
MLC Life continues to grow its group life insurance business, taking home a new mandate. From next year, MLC Life Insurance will be the local insurer for Generali Employee Benefits (GEB) for its multi-national clients. The insurer will provide group ...

Media Super winds up income investment option

ELIZABETH MCARTHUR  |  MONDAY, 18 NOV 2019
... profile to that of Income Plus. If members do not switch their Income Plus balance to a different option by the end of January next year they will be defaulted into the balanced MySuper option. Pension members will have to notify Media Super of the allocation ...

Remediation bill tops $10b: ASIC

ELIZA BAVIN  |  MONDAY, 18 NOV 2019
... better consumer outcomes." Chester said ASIC will be keeping an eye on both conduct and consumer outcomes as it heads into next year, calling on firms to also commit to change. "...the most demonstrable evidence of that in financial services will be ...

AustralianSuper appoints regional head for US

KANIKA SOOD  |  FRIDAY, 15 NOV 2019
... not immediately available for comment. The fund earlier announced plans to expand its London office to 50 staff over the next five years, in addition to establishing a New York office. "AustralianSuper has seen the income earned for members from overseas ...

Rapid pace of regulatory change to continue

ELIZA BAVIN  |  FRIDAY, 15 NOV 2019
... by the industry, Smith said it has been a significant year for both super funds and the regulatory body. "Looking ahead to next year, what we expect is a continuation of what has been the prevailing environment of the last few years (at least), with ...