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OneVue is in trading halt on the Australian Securities Exchange and so is Sequoia as attention focuses on the future ownership of financial planning dealer group, Madison.

A member of the Senate Economics Committee has described underwriting at time of claim as a 'serious problem' that the industry must address.

APRA put under pressure to consider early access scheme

The Australian Prudential Regulatory Authority was given less than one day to consider the early access to super scheme.

Intrafund advice within Mercer costing $1.27 million a year

One of Australia largest corporate superannuation outsourcing providers, Mercer, has revealed the cost of delivering intrafund advice.

15 super funds optimal for Australia - report

Smaller superannuation funds should be considering mergers or heading for the exit, according to a new report which suggests Australia’s optimal number of funds is 15, down from the current 92.

Is the Govt building to far-reaching superannuation changes?

The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building towards far-reaching changes to the superannuation via its Retirement Income Review.

Concerns over the high cost of entry into residential aged care facilities are making housing decisions for elderly Australian complex, an advice firm believes.

25 May

Financial planning

Aged care advice included in FASEA standards

Advisers avoiding aged care advice risk failing to comply with Financial Adviser Standards and Ethics Authority

BNY Mellon Investment Management has been awarded a mandate from Commonwealth Bank Group Superannuation scheme.

25 May

ORIGINAL

Superannuation

Is the Govt building to far-reaching superannuation changes?

The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building

Sacrificing some upside while reducing downside helps investors earn more with less risk, according to AB.

25 May

Financial planning

Kiwis' financial confidence rattled by COVID-19 lock-down

New research from the New Zealand Financial Services Council has revealed the degree to which Kiwis'

EGP Capital has announced plans to launch its new Concentrated Value Fund.

25 May

Financial planning

MLC Wealth launches new advice business

TenFifty Financial Group combines advice businesses previously aligned with Garvan, Apogee, and Meritum and will

25 May

Funds management

Martin Currie urges managers to help multiply value of ESG investments

Martin Currie has called on asset managers to come together to jointly help drive change and influence companies

25 May

Funds management

Market still premature and dangerous to invest in

Retail investors need to be aware of creating false reality when making rash decisions to time the market in hopes

Despite suggestions to the contrary, Australia’s major superannuation funds direct more than half their allocations towards equities.

25 May

Funds management

Balanced funds ‘flying blind’ in their allocations

Assets such as infrastructure are failing to provide defensiveness during sharp market downturns, according to Cor

25 May

Funds management

Lonsec increases Talaria fund allocation

Lonsec has increased its allocation to the Talaria Global Equity fund in its retirement managed portfolios.

The wealth division of CBA has rejected suggestions it deliberately avoids paying customers in its claims handling department in its opening remarks to the PJC

22 May

ORIGINAL

Financial planning

Media wrong to tar advisers with the one brush

A financial planning and accounting company head has taken the media to task for seeking to tar financial advisers

MetLife Australia has announced a campaign to raise awareness around group insurance within super as many Australians remained unaware they had it.

22 May

ORIGINAL

Life/Risk

How COVID-19 baulked the Agreed Value rush

The efforts of many clients and their life/risk advisers to write Agreed Value income protection cover before the

22 May

Policy & Regulation

Hume calls for FASEA extension to return to business

Senator Jane Hume has called on the Labor Party to enable the FASEA extension to return to business after a ruling

Small-scale investors are being offered the opportunity to buy into one of Australia’s biggest agricultural properties, through a crowd-funding campaign.

22 May

Funds management

Agriculture allocations cushioned sell-off

One of the country’s largest agriculture stocks is now trading at levels higher than pre-COVID-19 and helped

ACS Fixed Int - Australia/ Global Bond

	Fund	3y(%) pa
1	IOOF MultiMix Diversified Fixed Interest ATR in AU	4.09
2	PIMCO Diversified Fixed Interest ATR in AU	3.80
3	Macquarie Dynamic Bond ATR in AU	3.63
4	Onepath Wholesale Diversified Fixed Interest Trust ATR in AU	3.62
5	UBS Diversified Fixed Income Fund ATR in AU	3.57