RISK

Superannuation

Major superannuation funds have expressed concern at having to retain at least 0.25 per cent of their funds under management to meet operational risk financial requiremen...

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Life/Risk

MetLife has secured the insurance mandate of Tasplan, following a tender process which will see the insurer deliver group life offerings to the fund’s 145,000 members....

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Life/Risk

Life/risk insurers have been placed on notice that the Royal Commission may recommend measures to hold them responsible for psychiatric injury inflicted on clients by cla...

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Life/Risk

New research has found that government-mandated insurance disclosure doesn’t help people make better purchasing decisions when it comes to insurance....

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Life/Risk

Direct life insurance is barely worth the paper it is written on, according to the chairman of life/risk-focused dealer group Synchron, Michael Harrison....

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Life/Risk

TAL will today join ClearView and Freedom in being scrutinised by the Royal Commission on the failings of direct life/risk sales business....

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Funds management

Money Management has looked at the top performing high-and-low-risk Australian equity funds to see whether high-volatility funds are a risk worth taking....

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Life/Risk

TAL, CommInsure, AMP and ClearView have been named to front the next round of hearings of the Royal Commission into Misconduct in the Banking, Superannuation and Financia...

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Financial planning

Planners’ uptake on providing advice on insurance is low, leading to adverse impacts on practice revenue derived from risk advice, Investment Trends has found....

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Life/Risk

New research from Roy Morgan has shown only 6.1 per cent of risk and life insurance policy holders looking to switch providers are doing so upon the advice of a broker or...

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Funds management

Money Management has looked at the Australian equity funds outperforming the ASX 200 and maintaining a lower FE Risk Score. ...

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Financial planning

The Australian Securities and Investments Commission has confirmed it has already leveraged lapse data provided by the major life insurers to act against life/risk advise...

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Policy & Regulation

Independent Reserve has become the first Australian digital currency exchange to be regulated by the Australian Transaction Reports and Analysis Centre under new regulati...

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Financial planning

A key Parliamentary Committee has recommended more action to address what it describes as a “plethora of hidden payments” in the life/risk industry....

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Policy & Regulation

The Federal Opposition has taken a calculated risk with its proposed changes to dividend imputation, according to key industry superannuation fund spokespeople....

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Never miss the latest news and developments in wealth management industry

JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day 4 hours ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 23 hours ago
Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week 6 days ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 2 weeks ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago