Betashares’ Bendigo Super faces APRA heat over past performance
ETF manager Betashares will have its work cut out after the fund it acquired to get a toehold in the super industry, Bendigo Super, was called out for underperformance by the prudential regulator.
September 24, 2024
Tax adviser determination hit with new disallowance threat
Another motion to kill a determination that governs new ethical rules for tax advisers has been lodged, less than a fortnight after the previous attempt failed. Independent Senator David Pocock – whose vote prevented the last attempt – submitted the motion countersigned with Coalition Senator Dean Smith.
September 23, 2024
Staff – and client – training essential for successful change management
Changing one technological system to another requires guidance and hands on training for your team but also your clients. Accepting that it may not be an easy process and acting accordingly will allow the change to be as smooth as possible.
September 23, 2024
Global X names CEO
ETF provider Global X has named Alex Zaika as its CEO, replacing Evan Metcalf who resigned last month.
September 23, 2024
Opposition hammers govt on ‘maladministration’ of CSLR
Ahead of a review into the collapse of Dixon Advisory, the federal opposition has accused the government of “poor implementation and maladministration” over Dixon-related cost blowouts to the Compensation Scheme of Last Resort.
September 20, 2024
Super sector’s dirty little secret of pension minimums
A little-known administrative hurdle is prohibiting tens of thousands of poorer Australians from accessing account-based pensions via the country's biggest super funds. Aleks Vickovich writes this seemingly widespread practice is shameful and threatens the grand bargain underlying compulsory super.
September 19, 2024
‘Death by data’: To improve your practice efficiency, sort out your data
Practices can find themselves swamped in client data. By implementing a system to structure and clean up their databases, they can boost efficiency and simplify the processes for their clients.
September 19, 2024
ASIC case against REST dismissed
The Federal Court has dismissed ASIC’s case against REST Super for alleged misleading representations of members’ rights to transfer money out of the fund.
September 19, 2024
REST Super appoints general counsel
REST has named Duncan Whiteside as its general counsel, who joins from MetLife Australia.
September 19, 2024
US-based EvolutionIQ first to join CALI’s Life Partner program
New York-based claims guidance technology firm EvolutionIQ has signed on as the Council of Australian Life Insurers first life partner in its corporate partner plan.
September 19, 2024
