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The Australian Prudential Regulation Authority has acknowledged that some superannuation funds’ cash options aren’t really cash options at all....
INDUSTRY NEWS
BT Financial Group has come out in support of the Productivity Commission’s recommendation for a list of the 10 “best in show” super funds, saying that strong funds shoul...
INDUSTRY NEWS
The prudential regulator has released a final package of measures to clarify and strengthen the role of the appointed actuary within general, life and private health insu...
INDUSTRY NEWS
The self-managed superannuation fund sector has underperformed the average default investment strategy for the year to April 2018....
INDUSTRY NEWS
Federal Treasurer, Scott Morrison has attacked industry default funds as being little more than a fire hose of members’ money for which the funds themselves do not even h...
INDUSTRY NEWS
The number of Australians being underpaid their superannuation jumped to three million in 2015-16, compared to 2.76 million in 2014-15, Industry Super has said....
INDUSTRY NEWS
Employers who fail to meet their superannuation guarantee obligations need to take advantage of current amnesty or face jail terms for SG underpayments, according to the ...
INDUSTRY NEWS
The Federal Government’s Budget changes impacting low-balance superannuation fund members could contradict best interests requirements by leaving them worse off....
INDUSTRY NEWS
The latest SuperRatings data shows a steady trend toward more defensive assets as super members get older, reflecting the gradual shift in asset allocation determined by ...
INDUSTRY NEWS
The Minister for Revenue and Financial Services, Kelly O’Dwyer has urged the Royal Commission to take a look at the issues raised in the Productivity Commission’s latest ...
INDUSTRY NEWS
The Productivity Commission’s draft report into superannuation is a “timely reminder” to self-managed super fund trustees to pay close attention to fees and costs, the SM...
INDUSTRY NEWS
The new proposals from the Productivity Commission to overhaul superannuation default funds do not go far enough, according to Stockspot....
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...