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Also in news.moneymanagement.com.au

Major banks suffer $3.1b wealth bleed

 
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MM Newsletter
  May 09, 2017 
 
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Greater premium structure flexibility with AIA’s new Term Level

Term Level is the new premium structure from AIA Australia that helps advisers to maintain and grow their business by offering a variety of premium options to better respond to their customers’ specific needs. For more

Latest News

Wealth management still dragging on bank results

The major banks have seen around $3.1 billion in income leached away from their wealth management and insurance businesses in the past six months. For more
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Royal Commission will trump the Productivity Commission says Labor

A Royal Commission will trump any Productivity Commission scrutiny of vertical integration in the financial services sector, according to Federal Opposition leader, Bill Shorten. For more

Colonial First State wraps it up on platform rankings

Colonial First State’s FirstChoice and FirstWrap offerings have returned to the top of the annual Wealth Insights planner service level ranking. For more
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Female and millennial advisers driving ESG

Female and millennial financial advisers were steering the ESG conversation with their clients in the US, a trend that is reflected in Australia, according to a research company. For more

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Legg Mason Education Series - Part 2 - Securing a sustainable income stream

How do you broaden your clients income horizons? Reece Birtles from Martin Currie Australia (a Legg Mason Company) discusses the challenges facing retiree investors in the current economy. For more
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Latest News

Opportunities in emerging market currency

Reflation is happening slowly and investors can find fixed income yield in emerging market currencies, according to Legg Mason. For more

Cuffe steps down as UniSuper chair

The UniSuper board has today announced the appointment of a director and a new chairman to replace the outgoing Chris Cuffe from July. For more
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Kennedy confirmed as TFSA CEO

Andrew Kennedy has been confirmed as chief executive of Total Financial Solutions Australia, moving up from his acting CEO role. For more

Editorial

Why an ASIC product-intervention power should be welcomed

Financial services product manufacturers should be prepared to stand behind their offerings and ensure they are directed to the right consumers by the right people. For more
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Expert Analysis

Reviewing ASIC’s review of risk insurance claims

Col Fullagar reviews ASIC’s life insurance industry report and finds there are some serious issues in the claims management protocols of potentially all insurers. For more

CIPRs to redefine retirement planning

Financial advisers will need to be able to segment their client base to take full advantage of the CIPR regime, Paul Murphy writes. For more

Toolbox

Defined benefit schemes in the new super world

Tim Howard looks at the changed treatment of certain contributions to defined benefit schemes. For more
 
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