ASFA appoints AustralianSuper executive to board
The Association of Superannuation Funds of Australia has appointed AustralianSuper’s Paula Benson, chief officer of strategy and corporate affairs as a board director.
April 19, 2024
UniSuper commits $623m in renewables fund
UniSuper has poured US$400 million ($623 million) into an energy transition and climate opportunities fund, aiming to support the global net zero transition.
April 19, 2024
Paydirt: Advice firms should be making 40pc profit
Almost all financial advice firms are undercharging for their services in Australia, according to advice business consultancy Peloton Partners. The firm’s principal Rob Jones believes practices should be repricing their services at least every two years.
April 18, 2024
QAR and CSLR legislation ‘problematic’: FAAA
In a policy update to members, the Financial Advice Association has lamented how recent reforms to advice – legislation covering the Quality of Advice Review and Compensation Scheme of Last Resort – have been handled by government.
April 18, 2024
Dixon Advisory settlement approved by Federal Court
The Federal Court has approved the $16 million settlement in a class action lawsuit against E&P, the parent company of Dixon Advisory & Superannuation Services (DASS), and former executives Alan Dixon and Christopher Brown.
April 18, 2024
Client first, then product: Maximising the benefits of client reviews
Client reviews present the tip of the iceberg when it comes to the advice process, but according to planners, they are crucial opportunities to show the value provided by advisers.
April 17, 2024
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
