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SUPERANNUATION
INDUSTRY NEWS
OnePath Custodians has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product....
INDUSTRY NEWS
With SuperRatings estimating a 0.2 per cent loss on the median balanced option in May, advisers are encouraged to temper client expectations on their super fund returns. ...
INDUSTRY NEWS
The registrations of 29 self-managed superannuation fund auditors have been cancelled by ASIC for failing to lodge annual statements....
INDUSTRY NEWS
Minister for financial services, Stephen Jones, has reacted to the news of AustralianSuper’s refund for tens of thousands of members, stating the breach is “unacceptable”...
INDUSTRY NEWS
Around 100,000 AustralianSuper members could receive refunds as the fund sets aside $70 million after a processing failure regarding multiple member accounts....
INDUSTRY NEWS
Future Super has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action again...
INDUSTRY NEWS
New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling c...
INDUSTRY NEWS
Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...
INDUSTRY NEWS
ASIC has banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...
INDUSTRY NEWS
The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...
INDUSTRY NEWS
The Government has released the consultation paper for the definition of superannuation, putting forward one proposed objective and two alternatives....
INDUSTRY NEWS
Superannuation trustees should be permitted to provide personal advice to members, according to recommendations handed down under the final report of the Quality of Advic...
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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...