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Showing 41 - 50 of 249 results for "Superannuation products"

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... intermediaries to gain business this way. Following the Royal Commission, anti-hawking rules related to superannuation products were put in place, however they don't cover financial advice services. AIST chief executive Eva Scheerlinck said she is concerned ...

APRA slaps conditions on Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
... is home to about 320,000 members and over $11 billion in retirement savings. It is trustee of several superannuation products, including Future Super, Verve Super, and ING Superannuation. It also provides trustee services to the Tidswell Master Superannuation ...

AMG Super to rebrand

JAMIE WILLIAMSON  |  MONDAY, 19 SEP 2022
... "Although we are changing our brand, we are not changing what we do best - providing flexible, high-quality superannuation products and great service," AMG Super said. According to Rainmaker Information, in the year to July end AMG's MySuper option ...

Practifi names senior director, go-to-market

CASSANDRA BALDINI  |  FRIDAY, 9 SEP 2022
... has promoted Umesh Banga to senior director, go-to-market amid plans to expand its wealth management and superannuation products and strategy globally. Banga's current duties as director of advice solutions will carry over to the new executive role ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... funds. ACSRF is currently undertaking a merger with UniSuper, EISS Super is merging with Cbus and BT's superannuation products will soon move to Mercer. EISS Super told members it was disappointed to inform them it had failed again, while ACSRF has ...

ASIC highlights strategic priorities

CASSANDRA BALDINI  |  TUESDAY, 23 AUG 2022
... looking to protect consumers, especially as they plan and make decisions for retirement, with a focus on superannuation products, managed investments, and financial advice. The report said around 11.7% of member accounts with superannuation funds currently ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... defending itself against several class actions filed against it in Federal Court. Three are in relation to superannuation products while another superannuation class action was settled in June. Other matters include class actions related to financial ...

Mercer hires from MLC

ELIZABETH FRY  |  FRIDAY, 22 JUL 2022
... Tallents joins from MLC (now Insignia Financial) where he spent seven years, most recently as head of superannuation products, wealth products, and platforms. His team was responsible for superannuation and investment products representing over $100 ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
... director of policy and advocacy Spiro Premetis said: "The FSC has long advocated for a performance test for superannuation products that accurately reflects investment performance and member experience." "Given a range of complexities with applying the ...

Performance test expansion paused as government announces review

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2022
... significant unintended consequences for MySuper products and assess how the test should be applied to other superannuation products." The review will also consider concerns relating to the regulatory complexity of best financial interests duty requirements ...