SUPERANNUATION

INDUSTRY NEWS

The number of individuals with more than $3 million in super is expected to increase by 45 per cent to 80,000 by 2025, according to ASFA....

INDUSTRY NEWS

Super trustee OnePath Custodians has been ordered to pay $5 million for fees for no service misconduct, less than six months after being fined $1.4 million by APRA....

INDUSTRY NEWS

There is scope for superannuation licensees to further reduce their fees, particularly in trustee directed products, according to an APRA report....

INDUSTRY NEWS

Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....

INDUSTRY NEWS

The amount needed to set aside for a comfortable retirement continues to grow, as Finder indicates the figure is approximately double what Australian retirees will actual...

INDUSTRY NEWS

ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry....

INDUSTRY NEWS

With the calendar year end fast approaching, research house Chant West has shared how much it is expecting the median growth super fund to return for the 12-month period....

INDUSTRY NEWS

The government has revealed the final chosen wording of its objective of superannuation as the bill is introduced in Parliament....

INDUSTRY NEWS

The super trustee has received three infringement notices for allegedly misleading statements on its social media regarding the performance of one of its investment optio...

INDUSTRY NEWS

Superannuation funds experienced negative performance in October, the third consecutive month that funds have reported losses. ...

INDUSTRY NEWS

In a letter addressed to Minister Stephen Jones, Senator Andrew Bragg has asked for a clear timeline for action on addressing super complaints regarding delays in death b...

INDUSTRY NEWS

The corporate regulator has commenced its first proceedings on internal dispute resolution requirements as it takes TelstraSuper to the Federal Court....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 1 week ago

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

4 months 1 week ago

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

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

6 days 19 hours ago

The corporate regulator has cancelled the AFSL of a Queensland-based financial services provider, having held the licence since mid-2016....

4 weeks 1 day ago

ASIC has cancelled the AFSL of a Sydney-based advice firm, describing how it demonstrated “competency failures” in its activities. ...

2 weeks 1 day ago