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Showing 671 - 680 of 8772 results for "Products"

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
Choice products require a fairer regulatory framework as the current settings are heavily focused on default superannuation, putting advised clients with complex needs at a disadvantage, according to the Financial Services Council (FSC). A new report ...

Cbus taps ex-AustralianSuper equities chief for 'critical role'

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... returned 8.8% in the year to May, slightly above its long-term average, but it ranked in the third quartile among comparable products. However, over a 10-year period, that investment option has excelled, delivering a 7.6% return p.a., putting it in the ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... arose from failures by Mercer to implement adequate systems to ensure that ESG claims in relation to its superannuation products were accurate, and to monitor and enforce the application of any sustainability exclusions associated with such ESG claims." ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... Hewish. "[UGC] used a client onboarding process that lured people into investing their retirement savings in UGC-related products by having calls made to prospective clients using details including those obtained from a third-party website operator ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... have invested in our distribution and infrastructure capabilities meaningfully to allow us to make this broader range of products available to a wider range of clients and geographies. We have particularly seen the benefits of this diversification in ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... seen elsewhere," AFCA chief ombudsman David Locke said. Personal transaction accounts were the most complained about products at 16,365, up 19% year on year. Credit cards registered 11,841 complaints, while personal loans and home loans drew in 7660 ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... security in retirement," Choo said. Russell Investments manages the investments of iQ Super - for Life and iQ Retirement products, as well as Nationwide Super and Resource Super funds through the Russell Investments Master trust, which has approximately ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
... stakeholders will be kept informed as the merger progresses. We're moving forward confidently to deliver even greater products, services and experiences for our collective membership." The merger was first flagged in November 2022, with the two funds ...

TAL appoints chief executive, individual life

MATTHEW WAI  |  TUESDAY, 30 JUL 2024
... opportunity, Teichner said he is honoured to "lead a team of people focused on delivering high-quality and industry-leading products and services to our customers, financial advisers and corporate partners." Before joining TAL in 2008, Teichner was chief ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... unit had total funds under advice of $984 million, up 2% in the quarter and adjusted for the sale of Madison. Its other products, the Clime All Cap Fund and the Clime Small Companies Fund returned 15.4% and 15.82% respectively. "The strong returns not ...