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Showing 31 - 40 of 1907 results for Laura Millan

Super fund tech investment to increase 20%

LAURA MILLAN  |  THURSDAY, 26 NOV 2015
More than half of superannuation funds are planning to increase the amount of money they spend on technology by 20% over the next year, a Link Group survey has found. The survey questioned major super fund chief executives about their plans to spend ...

Senate to investigate white-collar crime

LAURA MILLAN  |  THURSDAY, 26 NOV 2015
The Senate will start an inquiry into penalties for white-collar crime, following calls from regulators and Financial System Inquiry chair David Murray to strengthen the system. The Senate voted yesterday in favour of a Greens motion to establish the ...

Midwinter makes hire ahead of product launch

LAURA MILLAN  |  THURSDAY, 26 NOV 2015
Midwinter Financial Services has appointed a senior business development manager of enterprise ahead of the release of its new software. Esther Moseley has 15 years of experience within the financial planning space and has specialised in financial planning ...

Super tax breaks review could save $6.6bn: Grattan

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Better targeting of superannuation contributions tax breaks could save the budget $3.9 billion a year and increasing taxes on superannuation earnings of retirees could raise another $2.7 billion, Grattan Institute research shows. "The current system ...

New super transparency rules spark controversy

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
ASIC's updated fee and cost disclosure requirements for superannuation funds have sparked controversy among industry stakeholders. The regulator released Regulatory Guide 97 Disclosing fees and costs in PDSs and periodic statements, which includes a ...

CBA refunds $80m for failing to apply discounts

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Commonwealth Bank (CBA) will refund about $80 million to around 216,000 Wealth Package customers as a compensation for failing to apply fee waivers, interest concessions and other benefits since 2008. The Wealth Package offered benefits such as interest ...

Bennelong blends active, passive in equities fund

LAURA MILLAN  |  WEDNESDAY, 25 NOV 2015
Bennelong Australian Equity Partners has launched a fund that gives retail investors exposure to Australian equities by blending active and passive management. The Bennelong Twenty20 Australian Equities Fund invests passively in the top 20 stocks of ...

Parliament repeals key FoFA amendments

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
The Parliament has approved a Government motion to repeal key amendments to the Future of Financial Advice (FoFA) reforms in a move that has taken other MPs and industry stakeholders by complete surprise. The repeal affects the Government's proposed ...

Robo-advice is WALL-E, not Terminator

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
Financial planners need to see robo-advice as a friendly, helpful tool, such as Pixar's WALL-E, rather than as the destructive machine pictured in Terminator. The rise of technological tools that automate some parts of financial advice was one of the ...

Advice beats alpha as retirement income source

LAURA MILLAN  |  TUESDAY, 24 NOV 2015
Financial advice, and not investment alpha, is what ultimately delivers better retirement incomes for superannuation fund members, SuperEd co-founder Jeremy Duffield said. "Advice can make a bigger difference to retirement income than investment management," ...