The super fund execs on big bucks
UniSuper investment chief John Pearce is the highest-paid executive among Australia’s industry superannuation funds and is one of 10 to take home a pay packet of more than $1 million.
February 11, 2020
Pension minimums ‘nudge’ retirees to spend less, not more
A recent UNSW study found that regulated minimum drawdowns are being interpreted as proxy financial advice and inhibiting retirees from spending their savings.
February 11, 2020
OneVue to sell Madison ASAP
OneVue wants to avoid being vertically integrated and isn't interested in owning advice, which is why a process to sell Madison Financial Group will begin as soon as possible, OneVue CEO Connie McKeage has confirmed.
February 10, 2020
OneVue ends up with Madison following Sargon stumble
Platform services business OneVue has picked up Madison Financial Group in the wash up of the Sargon receivership, but its longer-term plans for the advice business remains unclear as it pushes ahead with a previously planned share buyback.
February 07, 2020
The world of ‘compass’ advisers and ‘radio’ clients
A recent report earmarks four types of ‘navigators’ that can help planners identify what motivates their clients, how to interact with them and what they really want from their adviser.
February 06, 2020
‘Watershed moment’: Annual opt-in, independence disclosure bills released
Advisers have a scant five months to overhaul their operations after the government made good on its promise to roll out some of Hayne’s most impactful royal commission recommendations.
February 06, 2020
PI insurance woes to continue another 2 years
Finding PI insurance has never been tougher for AFSL holders, and the market is set to further harden before the cycle reverts. The reason is clear: “Losses, losses and more losses…”
February 05, 2020
APRA will struggle to include Choice super products in heatmap
There is both concern and scepticism that APRA will be able to benchmark the performance of Choice products, particularly if it is still struggling to collect meaningful and comparable data across the 90 or so MySuper products.
February 05, 2020
Time to be smart about yield
Instead of switching around holdings to generate yield, which can in turn introduce more risk, a total-return investing approach can automatically rebalance portfolio assets while supplementing income for retirees.
February 04, 2020
The ‘giant ponzi scheme’ this fundie is wary of
The asset manager’s flagship fund manager explains why historically low yields and inflated asset prices have created an economic house of cards.
February 04, 2020
Mota’s momentum play: Inside IOOF’s plan to reinvent insto-owned advice
Combining an innate knowledge of IOOF's inner workings with the business's existing juggernaut-like momentum will give Renato Mota every chance at redefining the model for institutionally-owned advice.
January 31, 2020
ASIC cements position as top conduct cop
Australia’s corporate watchdog has shored up its position as the country’s top conduct cop in the superannuation industry, with increased powers to tackle misconduct in a toughening regulatory environment.
January 31, 2020
