SUPERANNUATION

INDUSTRY NEWS

With mergers and consolidation activity at a record high for Australia’s superannuation industry, Money Management rounds up the merger talk so far in the first half of 2...

INDUSTRY NEWS

The median balanced super fund option has managed to beat expectations for returns in the last financial year thanks to strong performance by equities and listed property...

INDUSTRY NEWS

Nominations and submissions have opened for the Super Fund of the Year awards, which is celebrating its 10th year anniversary....

INDUSTRY NEWS

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

INDUSTRY NEWS

New analysis by the Association of Superannuation Funds of Australia has looked into which Australian states have the biggest, and smallest, average superannuation balanc...

INDUSTRY NEWS

Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to acc...

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...

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Remus_au

Absolutely agree with you on this Les. That's how I see it too. The client facing "new" SOA document might shrink down a...

2 days 3 hours ago
Stephen Eedy

Most advisers are now degree-qualified with many years of actual practical industry experience, and are fully-qualified ...

2 days 3 hours ago
Dominic Widlake

This is all so ridiculous. I have 33 years experience, and have studied hard over the last 4 years to obtain the gov...

2 days 3 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

5 months ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

4 months 3 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

5 months ago