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| | | ... advice, life insurance and asset management. Before TAL, Howard was the chief operating officer and interim chief executive at Rest. He has also previously spent 12 years at MLC in a variety of roles. Joining Howard in the newly formed team are Ashton ... |
| | | | ... advice with ART leading the pack at $17.7 million. HESTA ($12.4m), Aware Super ($10.7m), Cbus ($8.7m), UniSuper ($5.9m), Rest ($5.2m), and AustralianSuper ($4.2m) followed suit. A total of 17 super funds provide an intra-fund advice offering. The rest ... |
| | | | Cbus has made several senior staff redundant in pursuit of its growth strategy. The $94 billion industry fund has let go of its head of compliance, acting head of brand and marketing, head of marketing, communications, and insights, head of strategy ... |
| | | | APRA has published the in-depth data on super funds' expenditure from marketing costs and payments to industrial bodies to spending on member services, as the regulator puts a spotlight on how member money is being spent. AustralianSuper had the ... |
| | | | ... products listed before June 2023, found they were around four times the cost of owning the asset-weighted average of the rest of the ETP market. The total cost of ownership over one year was 1.5%, far above the market's 0.36%. Spreads were 0.43% ... |
| | | | The $3.5 trillion wealth transfer will be Australia's biggest economic event over the next 20 years, according to AMP Advice national lead Anjuum Siingh, who chaired a panel of financial advisers at the Financial Standard Retirement Income Forum today. ... |
| | | | The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ... |
| | | | Many see defined benefit (DB) funds as dead - dinosaurs of the retirement world. Nevertheless, they're important to the retirement ecosystem, according to Challenger institutional client solutions director Meher Edibam. While most DB schemes are closed ... |
| | | | The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ... |
| | | | Magellan Asset Management launched the first two Vinva systematic equity funds, flagging a third fund to be made available next month. The launch follows the strategic partnership with Vinva in August, which includes becoming the distribution partner ... |
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