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Showing 1 - 10 of 100+ results for "State"

Aware Super, VISSF merger to proceed

JAMIE WILLIAMSON  |  THURSDAY, 29 JUL 2021
After four months of due diligence, the two super funds have confirmed they will merge before the end of the year. In a joint statement, Aware Super and the Victorian Independent Schools Superannuation Fund (VISSF) said the merger will create the largest ...

Channel Capital appoints distribution director

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
... Earlier this year, Channel appointed Phelim O'Neill as a distribution director for its Sydney office. O'Neill was a state account manager for AMP Capital. Channel currently has $18 billion in total assets across eight boutiques. It has recently ...

Tidswell agrees it contravened Corps Act

KANIKA SOOD  |  THURSDAY, 29 JUL 2021
Tidswell has surrendered its RSE licence to APRA, as it agrees to ASIC's allegations it contravened the Corporations Act in its work for startup super fund MobiSuper. In N ovember 2019, ASIC filed a case against MobiSuper, Andrew Richard Grover ...

Broken advice industry shuns everyday Aussies: AFA

KARREN VERGARA, ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
... and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak said the broken state of the financial advice industry has resulted in two damaging consequences: advisers reaching their breaking point mentally ...

Industry fund tops superannuation satisfaction survey

KANIKA SOOD  |  WEDNESDAY, 28 JUL 2021
... followed by AustralianSuper, UniSuper and Cbus. In retail funds, OnePath was the highest ranking followed by Colonial First State, MLC, ASGARD, BT, Mercer and Suncorp. The results are based on Roy Morgan Single Source which is a survey of 50,000 Australians ...

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered. The United Financial Advisers Association (UFAA), which claimed to have 6000 members, quietly ended operations ...

Aon, Willis Towers Watson terminate merger

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
The US$30 billion merger between Aon and Willis Towers Watson is off, with Aon paying WTW a US$1 billion termination fee. In a statement, the companies said it was a mutual agreement - though the decision was forced by lack of regulatory approval in ...

Lumiant launches fact find module

ANNABELLE DICKSON  |  TUESDAY, 27 JUL 2021
Lumiant has launched a free module for its adviser customers to enhance its fact find process by including a survey to understand clients' ideal outcomes. The Your Life module includes statements based around Lumiant's eight dimensions of wellbeing ...

Maths an unpopular subject with high schoolers

KANIKA SOOD  |  MONDAY, 26 JUL 2021
... Stanford's professor Keith Devlin. Actuaries Institute said it will develop a policy position statement and press federal and state governments to review public policy.

CommIF ups hospital stake

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
... manager Charles Savage said the hospital is a great fit for the CommIF portfolio, given it as an essential service for the state and is integral in managing the ongoing pandemic for the local community. "CommIF investments have helped develop and support ...
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