‘Concerning’ financial literacy drop among Australian youth
The recent drop in financial literacy among Australian youth is “really concerning”, according to Ecstra Foundation CEO Caroline Stewart. Without addressing the issue early, more teenagers will be set up to fail in the early adult years.
June 16, 2023
May adviser exam sees 63pc pass rate
Over half of candidates passed the May adviser exam, according to results released by ASIC on Friday morning.
June 16, 2023
More Australians deserve to reap the benefits of advice
Almost two in three Australians have struggled to pay expenses over the last year, according to research from online platform Money.com.au. The data further confirms that simple, episodic advice will lead to better financial outcomes.
June 15, 2023
AMP updates North ROA and retirement calculator functions
AMP has announced two key changes to the North platform around streamlining Records of Advice and the Lifetime Super Calculator.
June 15, 2023
HCF Life & UnderwriteMe launch Life Protect Insurance
Not-for-profit insurance company HCF Life has collaborated with software company UnderwriteMe to launch Life Protect Insurance, which provides customers with personalised solutions that consider their respective circumstances, such as lifestyle, medical, and family history.
June 15, 2023
APRA fines OnePath over MySuper failure
The prudential regulator has fined Insignia Financial-owned super trustee OnePath Custodians for failing to direct member contributions to a MySuper product.
June 14, 2023
State Street expands its ETF asset servicing capability
State Street Corporation’s front-to-back asset servicing platform, Alpha, now supports the entire ETF lifecycle with front, middle, and back-office capabilities.
June 14, 2023
Former FPA/FPSB chair awarded OAM
Certified financial planner Neil Kendall has received a Medal of the Order of Australia for his contribution to the financial planning profession.
June 14, 2023
Lipman Burgon adviser receives Gwen Fletcher Memorial Award
The FAAA has presented Lipman Burgon financial adviser Kristine Pham with the Gwen Fletcher Memorial Award for semester one of 2023.
June 14, 2023
TelstraSuper chair awarded AM
TelstraSuper's chair Anne-Marie O'Loghlin has been named Member of the Order of Australia in the 2023 King's Birthday Honours Awards for her service to the superannuation industry, women's rights and the wider community.
June 14, 2023
