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Showing 601 - 610 of 1220 results for "Switch"

Super slow to embrace advice opportunity

ALEX BURKE  |  FRIDAY, 2 DEC 2016
While super funds are increasingly investing in digital engagement, only a minority are employing robo-advice services, according to IQ Group research. The IQ Group Digital Engagement Study 2016, based on research of the top 50 retail, industry and ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...

CFS introduces same day RoA functionality

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
... and apply it to many clients, while detailing a RoA for each and leave the transactions pending before submitting a bulk switch. The changes are then automatically and consistently applied. "Efficient solutions are at the core of enabling advisers to ...

Former Sentinel adviser slapped with ban

KERRIE SYDEE  |  THURSDAY, 17 NOV 2016
ASIC has banned a financial adviser and former authorised representation of Sentinel Private Wealth from providing financial services for five years. Stephen Beckton, who was a representative of Sentinel from September 2013 to October 2015, was banned ...

Retirement fears herald advice opportunity

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2016
... to stick to their fund throughout lifestage events." While switching activity has dropped 4% on last year, intentions to switch remain at a comparable level, with 5% of members still considering leaving their current fund; more than a third citing high ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
... members have paid between $800 million and $1.8 billion in additional fees over the four year period funds were given to switch their default members into MySuper products; impacts that could "multiply four-fold" if the retail MySuper product they're ...

Doubts over Link bid for Pillar

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2016
The Australian Competition and Consumer Commission believes the sale of Pillar Administration to Link Group would reduce competition in superannuation. The commission said the sale would entrench Link's dominant position in super administration, resulting ...

Client needs to drive transitioning businesses

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
... regime which may be costly both from a time and money perspective. Limited MDA arrangements came about as advisers wanted to switch client investments without providing a Review of Advice," said Bignill. Under the revisions made to RG179, any advice ...

Super members should face "better off test"

DARREN SNYDER  |  TUESDAY, 4 OCT 2016
Industry Super Australia wants a "better off test" requiring banks and other financial services providers to demonstrate that switching a member's superannuation will be beneficial. Additionally the representative group is calling for banks to ban all ...

Super fund investment transparency can improve

DARREN SNYDER  |  FRIDAY, 23 SEP 2016
... their super fund should be proactively reducing its exposure to fossil fuel investments and a third would be prepared to switch funds if their own were found to be investing in coal or coal seam gas extraction. The views on investment portfolio disclosure ...