UniSuper names MetLife as new insurer
The $130 billion UniSuper has selected MetLife as its new insurer, ending a decade-long relationship with TAL.
April 17, 2024
Data and privacy concerns impacting demand for advice
Cost of living pressures, privacy concerns and increased life expectancy rates have led to Australians shunning financial advice, according to research from the Actuaries Institute. Australians are instead leaving their retirement planning to a year before they hope to leave the workforce.
April 16, 2024
Then and now: The advice industry’s inability to be saved
We’re closer to the end of the current Labor government’s term in government than to the start of it, and the sole piece of financial advice legislation it’s tabled is rife with drafting issues. Chris Dastoor writes that it's been an underwhelming performance from a government that talked up the need for a clear vision and certainty two years ago.
April 16, 2024
All in the family: Serving four generations of clients
Just over three decades ago, Leanne Bull began relationships with a pair of clients that unbeknownst to her at the time would lead to her serving four generations of family members. While the advice landscape has changed much over the decades since that first meeting with Dow family, the multi-generational partnerships show the client/adviser relationship remains essential.
April 15, 2024
Retirement advice ‘more complex’ than product: TelstraSuper
A super fund member’s retirement income needs can’t always be solved by product alone. Unlike the set and forget nature of accumulation, TelstraSuper chief customer officer Tim Anderson explains why an effective solution has to incorporate advice or guidance to help members make the most of what they have.
April 15, 2024
Iress completes sale of OneVue platform business
Iress has completed the sale of the OneVue platform business to ASX-listed Praemium.
April 15, 2024
ASIC appoints Yanco interim CEO as Day departs
ASIC has appointed Greg Yanco as interim CEO, replacing Warren Day who will join the Commonwealth Director of Public Prosecutions (CDPP) on secondment as its executive officer.
April 15, 2024
Insignia deal delivers Godfrey Pembroke back into advisers’ hands
After the potential co-operative deal with Clime lapsed, Godfrey Pembroke will go it alone after two decades of institutional ownership has ended. CEO Mark Fisher explains why it is symptomatic of a broader trend of advisers spurning institutions as licensees, while Insignia CEO Scott Hartley describes it as a natural step in the professionalisation of advice.
April 12, 2024
Outgoing AMP chair backs ‘real deal’ transformation
After a year when AMP settled two key class actions, outgoing chair Debra Hazelton told the embattled wealth giant’s AGM that shareholders will have to continue to be patient with the company’s transformation which is still likely to be a long process.
April 12, 2024
ESSSuper class action launched over unpaid entitlements
Gordon Legal has commenced a class action against the Emergency Services Superannuation Board (ESSSuper) for unpaid super entitlements.
April 12, 2024
