Risk profit-share squeezes fund members

27-Feb-2017|By Sarah Kendell

Instances of conflicted remuneration in the life insurance industry extend beyond the adviser level, with superannuation fund profit-sharing arrangements and dealer group shelf space fees creating further incentives for poor consumer outcomes, ac.. Read More




Satisfaction declines for life customers

21-Feb-2017

Satisfaction among risk and life insurance policyholders was declining despite ASIC’s ongoing attempts to crack down on poor practices in the industry, according to a new study by Roy Morgan. Roy Morgan&rs.. Read More

AZ NGA practice acquires client book

21-Feb-2017

AZ Next Generation Advisory (AZ NGA) subsidiary firm Wise Planners has made its second acquisition since joining the network, purchasing the corporate superannuation clients of Sydney practice Principal Edge Financia.. Read More

Government should move on ASIC mandate change

21-Feb-2017

The introduction of overdue legislation to establish a competition mandate for ASIC could kick-start the fintech industry and reduce the hold Australia’s big four banks had on the financial services market, acc.. Read More

Centrepoint, Legg Mason unveil new hires

21-Feb-2017

Independent financial services group Centrepoint has appointed a former head of investment advisory at Citigroup to the newly created role of chief investment officer following increased adviser demand for investment.. Read More

Growth funds off to flat start for 2017

20-Feb-2017

Flat results recorded by the median growth superannuation funds in January were not surprising given the industry’s strong finish to 2016, according to research firm Chant West. The latest group statistics.. Read More

ABA puts ex-Qld premier in the hot seat

20-Feb-2017

The Australian Bankers’ Association has announced former Queensland premier Anna Bligh will be its new chief executive. Bligh, who held the state parliament’s highest office from 2007 to 2012, was ch.. Read More

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