The departure of CEO and MD David George is yet another turbulent move for Magellan, coming just weeks after the company celebrated completing its board renewal process.
Two investment firms have made up almost half of investment and advice complaints as AFCA reports a rise of 589 per cent in complaints about inappropriate advice during FY2022–23.
The government has announced it is taking steps to amend the transfer balance cap to prevent super fund members from being adversely impacted when funds merge.
A former super executive has set up a retirement coaching program, warning Australia’s ageing population might be overlooking important considerations as they step into their next phase of life.