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INDUSTRY NEWS
A victims’ group affected by the Trio Capital fraud have alleged incompetence by ASIC in failing to hold to account criminals involved in the fraud case....
INDUSTRY NEWS
Choice and competition in super would not necessarily increase consumer engagement, while the absence of competition may explain Australia’s robust super system....
INDUSTRY NEWS
The Australian Securities and Investments Commission has issued another critical assessment of superannuation funds and their failures, prompting seven funds to exit the ...
INDUSTRY NEWS
A superannuation fund member who relied on a financial planner’s slideshow to pursue an insurance claim has been told to pursue the planner, not the fund....
INDUSTRY NEWS
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own default super funds....
INDUSTRY NEWS
The default super system was created under significantly different circumstances in the 1980s and does not suit the current robust regulatory environment, according to De...
INDUSTRY NEWS
Superannuation fund trustees and executives have been warned they are falling short on disclosure, claims handling and other issues following an Australian Securities an...
INDUSTRY NEWS
The Federal Government has tasked the Productivity Commission with making far-reaching recommendations on the future of the superannuation industry with particular refere...
INDUSTRY NEWS
The superannuation industry has told the Government it does not want to cross-subsidise the failures of other financial services sectors via a last resort compensation sc...
INDUSTRY NEWS
A Victorian SMSF auditor has been disqualified by ASIC after he audited a fund of which he was a member....
INDUSTRY NEWS
Regulations for intra-fund advice should be modified to enable mass recommendations to millions of super members on their retirement, perhaps even through carve-outs....
INDUSTRY NEWS
AIST has welcomed the digitalisation of superannuation choice forms, where a default fund must be named....
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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?...