Study highlights the importance of educating members on the pros and cons of group life insurance

Members who rely on group life insurance policies need to fully understand the pros and cons of paying premiums from their super fund balance and the effect of variables such as waiting periods, according to a Rice Warner report. The Group Claims Experience Study reviewed 16 superannuation funds spanning the industry, public, and retail funds universe, capturing more than 40 per […]

AustralianSuper targets digital advice to meet potential demand

AustralianSuper aims to substantially boost its level of digital advice engagement with members over the next 12 months, according to a senior member of its advice team. “Traditionally industry funds have had a very high level of disengagement…but we are starting to see, as people are in the system a bit longer, that’s starting to […]

IOOF head admits issues of misconduct were withheld from the regulator

IOOF’s chief executive Chris Kelaher has confirmed the company did not lodge ASIC breach reports for a number of issues, despite evidence of misconduct inside its research division. Kelaher fronted the Senate Economics References Committee in Macquarie Street, Sydney yesterday, facing stiff questioning about his knowledge of alleged misconduct within its research division. The Senate […]
Hedge Funds

Zenith analyst named winner of 2014 IMCA scholarship

A 26-year-old investment analyst from Zenith Investment Partners, Justin Tay, has been awarded a scholarship position in this year’s intake for the Certified Investment Management Analyst (CIMA) program. The program is designed by the Investment Management Consultants Association, an international body which provides standards for the investment management consulting profession, including essential credentials and tools. […]