Life insurance critical to objective of super: MLC Life
MLC Life Insurance has made the case for group insurance in a submission to the federal governmentâs consultation paper on legislating the objective of superannuation.
April 24, 2023
Climate Council appoints philanthropist and RBA board member as chair
Prominent business and community leader Carol Schwartz has been appointed as the chair of the Climate Council.
April 24, 2023
Balancing stakeholdersâ interests â Why it doesnât work in a profession
Reducing the cost of financial advice is a worthy cause, but should not be pursued until the industry understands and embraces the true meaning and practical consequences of being a profession, writes Robert M C Brown.
April 21, 2023
âDangerous and concerning precedentâ: Advice associations warn on super tax consult
Two major advice associations have spoken out during consultation on the 30 per cent marginal tax rate proposal for super accounts holding over $3 million. The Financial Advice Association of Australia and SMSF Association have both suggested there are multiple kinks in the regime that need to be ironed out to avoid unintended consequences.
April 21, 2023
Plutosoft launches bulk RoA functionality
Plutosoft has launched âBulk Activities,â a functionality that allows advisers to bulk produce client reports.
April 21, 2023
âIt makes us Switzerlandâ: Iress divests platform business to remain neutral
Iress wants to become a neutral player in the platform space to help the Xplan Connectivity Network thrive. But this is just one part of a business restructure that will include a 10 per cent reduction in staff with the aim to hire more talent to fill different strategic priorities.
April 20, 2023
âCould do betterâ, ASIC tells super industry after insurance review
An ASIC review has found super fund trustees need to do more to optimise the benefits their members receive from group insurance through super.
April 20, 2023
Global X appoints portfolio manager
Global X ETFs has appointed former BetaShares assistant portfolio manager Jessica Leung as a portfolio manager.
April 20, 2023
âIt makes it easier for a small businessâ: QAR benefits for hiring PY advisers
An overlooked aspect of the Quality of Advice Review proposals is the potential to allow provisional advisers to give more advice as non-relevant providers, making them more commercially viable to small businesses.
April 19, 2023
Lights, camera, action: Video SOA appeal leads to EFS acquisition
Praising its application of video SOAs, Viridian Financial Group acquired boutique wealth advisory firm Enlightened Financial Solutions.
April 19, 2023
Stropro sees strong inflows, citing access to alternatives
Investment platform Stropro has reported inflows of $100 million in the last three years citing ârapid growthâ in alternatives from high-net-worth investors (HNWIs).
April 19, 2023
Future Fund appoints ex Carlyle MD to head up PE team
The Future Fund has appointed David Bluff from US private equity giant Carlyle Group to head up its private equity team, reporting to deputy chief investment officer Alicia Gregory.
April 19, 2023
