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Showing 461 - 470 of 1821 results for "Managed Super"

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
The managed account provider brought into the Royal Commission spotlight by Henderson Maxwell chief executive Sam Henderson has distanced itself from the situation. A line of questioning during Henderson's appearance at the Commission on Tuesday saw ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
The Royal Commission scrutinised the shortcomings of professional associations' ability to protect clients against inappropriate financial advice and the lack of urgency in resolving complaints. The Commission recommenced with Financial Planning Association ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
The Royal Commission heard how Fair Work commissioner Donna McKenna received inappropriate financial advice from Sam Henderson, chief executive and senior financial adviser at Henderson Maxwell. McKenna sought financial advice from Henderson in late- ...

Robo-adviser partners with private wealth firm

KARREN VERGARA  |  TUESDAY, 24 APR 2018
Robo-adviser Clover has partnered with a Melbourne-based private wealth firm to provide its proprietary online financial advice and wealth management technology. The white-label structure will see Collins House offer a digital advice service to clients ...

Advisory group recruits new head of SMSF

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
An accounting and wealth advisory group is welcoming a new head of SMSF to establish a dedicated financial advice service. Omniwealth has appointed Stephen Hogg to lead a self-managed superannuation fund advice offering and implement a real-time reporting ...

Praemium appoints managed accounts expert in new role

JAMIE WILLIAMSON  |  MONDAY, 23 APR 2018
Praemium has expanded its leadership team with a newly-created role, recruiting from a competitor. Praemium will welcome Steve Thomas in May, taking on the new position of manager of self-invested and international solutions. Thomas joins Praemium from ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
A Westpac case study analysed by the Royal Commission has demonstrated the devastating impact of inappropriate financial advice. Providing testimony in the first case study of inappropriate advice to be explored by the Commission, former Westpac customer ...

AI comes to SMSF administration

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... assistant has been integrated into the SMSF software solution used to administer more than 70% of the 600,000 self-managed super funds in Australia. In a reported first for SMSF administration software, BGL has integrated an AI assistant into its Simple ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... clients, while also not providing a statement of advice to clients prior to recommending they establish their own Self-Managed Super Fund. ASIC conducted surveillance on Grubwinkler while he was an authorised representative of Suncorp Financial Services ...

SMSF home bias drags returns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
Self-managed super funds' home bias dragged returns for the sector in the 12 months to February, latest SuperGuard 360 research shows. According to the SG360 SMSF Reference Index, SMSFs generated a 5.5% return (before fees and tax) - well below the ...