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Showing 6351 - 6360 of 18124 results for "superannuation"

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... Mehra failed to make reasonable enquiries into his clients' relevant circumstances, such as obtaining existing superannuation and insurance information and adequately investigating financial products before making recommendations. Mehra didn't ...

MetLife scores group insurance mandate

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
MetLife has won a group insurance mandate from an $8.8 billion superannuation fund. Tasplan appointed MetLife to deliver insurance offerings to its 145,000 members, replacing incumbent group insurer CommInsure. Tasplan chief operations officer Nick ...

CBA to refund dead customers, grandfathered commissions

JAMIE WILLIAMSON  |  TUESDAY, 9 OCT 2018
... removing such payments on super and investment products. "We support the removal of grandfathered commissions from superannuation and investment products across the wider industry and believe a legislative approach should be considered," Venter said. ...

QSuper hunts for new CIO

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... retire at the end of September 2019. Brad Holzberger has led the investment team of the $80 billion Queensland superannuation fund since 2009. Holzberger was hired as interim chief investment officer in November 2008 and appointed permanently to the ...

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
... on an inappropriate basis. The wealth manager said it did not assume members who were delinked from a corporate superannuation plan were smokers, saying there is no application of smoker rates. This is despite AMP group executive wealth solutions and ...

Labor Government on the cards: Spot poll

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
... swiftly and effectively," she said. In an effort to narrow the retirement savings gap, Labor pledged to top up the superannuation accounts of women on parental leave among several other measures. Labor leader recently Bill Shorten formulated a plan to ...

Millennial money changes course after RC

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
Aussie millennials are reluctant to consolidate their superannuation or take on risk while investing after six months of Royal Commission revelations, according to new research. Micro-investing platform Raiz Invest found that nearly 58% millennials ...

Former super fund chief joins QIC

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
QIC announced a former corporate superannuation chief executive will join its board and reappointed two directors. Jane Perry is the former Qantas Super chief, who retired from the top job in June 2015. She previously held a chief executive position ...

Super funds cut exposures to banks

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
Not-for-profit superannuation funds have an average of 3% less exposure to bank stocks in their equities portfolios than last year, according to recent Rainmaker research. These funds still have a large exposure to bank stocks, owning about $30 billion ...

Government to relax super work test

KARREN VERGARA  |  WEDNESDAY, 3 OCT 2018
The Federal Government is aiming to boost the superannuation balances of retirees by relaxing the super contributions work test for one year. To be able to make voluntary contributions to super, members aged 65 to 74 are generally required to work a ...