News

Administration, Appointments, Business News

Class appoints new CEO

Class has appointed former Mortgage Choice chief executive Andrew Russell as its new CEO and managing director.

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Education

Industry veterans offer exam, PY mentoring

Advisers will be able to access a new professional year and exam mentoring program launched by two long-serving industry members.

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Superannuation

SMSF result strong as AMP profit plunges

The performance of AMP’s SMSF business, SuperConcepts, remained strong amid a significant fall in profits experienced by the financial services company.

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Compliance, Regulation

Cautious approach needed for new regulatory body

The banking royal commission’s recommendation for a new regulatory body overseeing the activities of the Australian Securities and Investments Commission and Australian Prudential Regulation Authority has been cautiously endorsed by an accounting body.

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ETFs

SMSF representation in ETF market drops

SMSFs now comprise a lower proportion of the ETF market, with mainstream investors boosting their adoption of the investment vehicle.

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Appointments, Retirement, Superannuation

Westover joins Deloitte

SMSF and super expert Liz Westover has joined Deloitte as a partner after departing PwC in December 2018.

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Appointments, Investments

OpenInvest grows its team

OpenInvest has expanded its team, appointing a business development manager and marketing manager.

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Financial Planning, Regulation

SuperConcepts flags RC impacts on SMSFs

SuperConcepts has outlined how six recommendations from the banking royal commission will affect SMSFs. 

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Retirement, Superannuation

SMSFA pushes for spousal rollover measure

The SMSF Association has used its budget submission to call for the introduction of a spouse rollover measure to close the gender retirement gap.

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Regulation

Bill to expand SMSF size tabled

SMSFs will be able to service up to six members by mid-year under legislation introduced into Parliament today.

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