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| | | AMP Limited has announced it is combining its Australian wealth management business with banking into a new entity named AMP Australia, and has shuffled its C-suite lineup. AMP chief executive Francesco De Ferrari said the integration of the wealth ... |
| | | | A $16 billion industry superannuation fund has made a raft of changes to the fees paid by its members. Effective this month, Equipsuper has removed its weekly $1 administration fee for accumulation members with a balance of less than $3000. At the same ... |
| | | | QMV is kicking off a new legal business aimed at future needs of superannuation trustees and has picked a former UniSuper lead as its managing partner. The consultancy firm currently works with about 25 superannuation clients. Recent work has been focused ... |
| | | | The underlying causes of total and permanent disability claims have been revealed in new research, and mental health tops the list. Life insurers pay out more on TPD claims caused by mental health conditions than any other kind of condition, according ... |
| | | | A former NAB financial adviser has been sentenced for withdrawing funds from the accounts of clients without their knowledge, but will avoid jail time. The District Court of NSW sentenced Max Kiattisak Eung to three years imprisonment to be served through ... |
| | | | Founder and chief executive of Envestnet Jud Bergman has been tragically killed in a car accident alongside his wife, Hanover Hill Wealth Advisors founder Mary Miller. A former managing director of mutual funds at Nuveen Investments, Bergman founded ... |
| | | | He said, he said. This must be a thing now. Just as US President Trump and his central bank governor Jerome Powell don't see eye to eye with the conduct of government and monetary policies, there is no meeting of the minds between Australian Prime ... |
| | | | After a rancorous response to her appointment on the retirement income review panel, Deborah Ralston has formally stepped down from the SMSF Association (SMSFA) and Alliance for a Fairer Retirement System. Previously the chair of the SMSFA and Alliance ... |
| | | | "Bad news is good news." That phrase, born of the Great Recession of 2008, has become a staple and go to rationale each time equity markets jump on bad news. Bad news! Wall Street dropped - Dow down by 1.9%, S&P 500 down by 1.8%, Nasdaq down by 1.6% ... |
| | | | AMP Capital has almost halved the fees for the retail investors in its $680 million AMP Capital Equity Fund, bringing them at par with wholesale fees. The AMP Capital Equity Fund will charge 26 bps instead of 46 bps per annum in management fees. "AMP ... |
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