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| | | Trustees of newly established self-managed super funds (SMSFs) are behind a surge in the uptake of financial advice, according to a Vanguard/Investment Trends SMSF report. The report, while showing that adviser influence is growing in new SMSF set-ups ... |
| | | | QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were overcharged for life insurance premiums. The settlement ... |
| | | | ASIC commissioner Simone Constant has told Financial Standard the regulator has super funds in its sights for more than just claims handling delays. "The main focus is on member services more generally, this is a multi-year phased project" Constant ... |
| | | | ... funding round shows is there is strong demand from investors globally to continue supporting the energy transition, a clear trust in Australia as an investment destination and in QIC as a manager in the region and this sector," he added. Further, QIC ... |
| | | | ... firm's clients include family offices, endowments, foundations and institutional investors. "We are grateful to CFS for their trust and partnership and look forward to working together closely to deliver great outcomes for investors," said Dillon. ... |
| | | | A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ... |
| | | | ... relationships with their wealth managers. "Locally, our robust regulatory guardrails and the work the sector has done to build trust following the Financial Services Royal Commission has gone a long way to creating an environment where investors are ... |
| | | | The chief executives of several superannuation funds sat down with ASIC and APRA for a roundtable to discuss key issues related to the Financial Accountability Regime (FAR). As part of the discussions, the super fund chiefs emphasised the importance ... |
| | | | ... funds, may be considering merger options. Potential partners mentioned in market discussions include Australian Retirement Trust (which acquired CBA's scheme), Equip, or Mercer. Interestingly, following Dias's departure, ANZ Staff Super made ... |
| | | | Three Qantas Super executives have landed in new roles following the merger of the fund with Australian Retirement Trust in March. This is in addition to the appointment of Qantas Super boss Michael Clancy to the top investment job at REST Super. Clancy ... |
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