MyState is the latest financial services company to get out of financial planning, announcing yesterday that it has entered into an agreement to sell its client book to Fiducian Group. read more
Insurance, funds and super (206 items)
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The superannuation industry came face to face with one of its strident critics yesterday, when Grattan Institute chief executive John Daley took to the stage of the Actuaries Summit in Sydney to challenge one of the super sector’s widely used benchmarks – the ASFA Retirement Standard. read more
Two junior ministers will share responsibility for financial services in Scott Morrison’s new government. Michael Sukkar returns as assistant treasurer and also minister for housing, while Jane Hume will be assistant minister for superannuation and financial services. read more
The latest Consumer NZ survey of KiwiSaver superannuation customers released this morning reveals a drop in satisfaction almost across the board – with the three big providers, AMP, ANZ and ASB, getting scores significantly below the industry average. read more