SUPERANNUATION

INDUSTRY NEWS

If the Government does not ensure superannuation is paid on parental leave the country will continue to see too many women to retire into poverty, according to Industry S...

INDUSTRY NEWS

With the release of the Government’s first superannuation performance test, investors should avoid placing too much emphasis on assessing the performance of funds over ot...

INDUSTRY NEWS

The corporate regulator has alleged misconduct against the bank’s home loan clients while it was still under ownership of the industry superannuation funds....

INDUSTRY NEWS

It notes super funds switching to inhouse investment management and industry consolidation as being contributing factors, but that there is not enough research to suggest...

INDUSTRY NEWS

As the Government grapples with the superannuation industry having too much control over capital, its push for super mergers is having the unintended consequence of furth...

INDUSTRY NEWS

Accused of being the power brokers behind the ousting of former Westpac chief executive Brian Hartzer, a Parliamentary enquiry has questioned two of the big four banks wh...

INDUSTRY NEWS

As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....

INDUSTRY NEWS

Disclosing the precise value of privately held assets will compromise super funds from being able to effectively implement investment strategies, according to the Austral...

INDUSTRY NEWS

The Federal Court has found that it made false or misleading representations to members to avoid them moving to the MySuper product....

INDUSTRY NEWS

As Senator Andrew Bragg calls for open access for super, Aware Super has reiterated calls for a clear industry objective to be in place....

INDUSTRY NEWS

How much money is made is more important than how it is made, according to AustralianSuper chief investment officer, Mark Delaney, as many superannuation funds struggle t...

INDUSTRY NEWS

The funds that failed the performance test need to figure out their options by the end of the year and most funds will likely not recover. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 9 hours ago