Bank execs admit wealth experiment’s failure
NAB boss Andrew Thorburn followed his counterparts in admitting the big four’s foray into advice was both ill-conceived and poorly executed.
NAB boss Andrew Thorburn followed his counterparts in admitting the big four’s foray into advice was both ill-conceived and poorly executed.
The total portfolio approach, with its flexibility and search for the best ideas, is a better fit for today’s complex markets.
The government’s Medical Research Future Fund is ramping up its investments in groundbreaking research, just three years after it opened.
Proposed adjustments to group insurance could leave fewer protected while increasing the cost to the government.
Enquiries are coming in thick and fast from dissatisfied employers, the Queensland-based fund’s general manager of advice says.
CBA’s Matt Comyn kicked off round seven of the Hayne royal commission hearings, featuring leaders of the largest financial institutions.
It’s the hot new buzzword at super funds and it promises standout returns with lower risk and fees. It’s also based on a flawed premise.
First State Super chief Michael Dwyer said winning back the public’s trust would require a total commitment to putting members first.
Touting the impact of nation-building projects super funds help build can help win back trust, former NSW premier Mike Baird says.
Age demographics may very well be approaching a critical tipping point – and economic growth won’t fix things, a UK pension expert has said.
ASFA chief executive Martin Fahy was optimistic at the peak body’s conference as the organisation’s chairman sparred with the government.