Rest appoints CFO
Rest has appointed John O’Sullivan as its chief financial officer, after he led the division during the recruitment process.
Industry UpdatesDecember 4, 2023
Integro Private Wealth makes pair of appointments
Western Australian advice Integro Private Wealth has appointed Adam Pontague as a private wealth adviser, aligned with the firm’s continued expansion and heightened demand for private wealth services.
Industry UpdatesDecember 4, 2023
NZ Super Fund appoints acting CEO
The Guardians of NZ Superannuation, the crown entity that manages the $65 billion NZ Super Fund, has named Paula Steed as acting CEO, moving from her current role as general manager of strategy and shared services.
Industry UpdatesDecember 4, 2023
AMP appoints two non-executive directors to board
AMP has appointed Kathleen Bailey-Lord and Anna Leibel as independent non-executive directors to the board.
Industry UpdatesDecember 4, 2023
Drawdown knowledge gap exists among retirees: Survey
A study has found that among retirees who drew down their super at the minimum legislated rate last financial year, 19 per cent thought the number was a government recommendation, highlighting a gap in understanding about the requirements among the public.
Industry UpdatesNovember 30, 2023
OnePath penalised $5m for fees for no service
The Federal Court has ordered superannuation trustee OnePath Custodians to pay a $5 million penalty for making false or misleading representations about its right to continue charging fees, and for failing to provide services to members efficiently, honestly and fairly due to its misleading conduct and by deducting fees when not entitled to do so.
Industry UpdatesNovember 29, 2023
Allianz Retire+ released updates to longevity solution AGILE
Allianz Retire+ has updated its longevity solution Allianz Guaranteed Income for Life (AGILE), introducing two new options, Age Pension+ and Spouse Insured.
Industry UpdatesNovember 29, 2023
Inflation erodes Australians’ retirement confidence: MFS survey
More than half (59 per cent) of Australians said inflation has changed the way they think about retirement in the past 12 months, with 54 per cent opting for a more conservative investment approach, according to the 2023 MFS Global Defined Contribution Survey.
Industry UpdatesNovember 29, 2023
Over half of Australians unsure of their retirement options: Research
Close to two in three Australian non-retirees don’t know about existing retirement income products offered by their super funds, according to new research by Investment Trends and life insurer TAL.
Industry UpdatesNovember 29, 2023
Super dominates adviser technical queries: AMP
Financial advisers are focused on helping their clients navigate super contributions, conditions of release or withdrawals, transfer balance caps and home ownership issues, according to the latest data from AMP Advice.
Industry UpdatesNovember 28, 2023
Advisers want more support to help educate clients of geopolitics: Viridian
Some 73 per cent of financial advisers said they could use more support to educate clients about the potential implications of geopolitical tensions, according to a new poll conducted by Viridian.
Industry UpdatesNovember 28, 2023
CSC bolsters its retirement income strategy with Challenger
Commonwealth Superannuation Corporation will move into the next stage of its Retirement Income Strategy in early 2024, enlisting Challenger to develop a longevity solution to help meet its customers’ needs in retirement.
Industry UpdatesNovember 28, 2023