SUPERANNUATION

INDUSTRY NEWS

A pause in the superannuation guarantee at its current 9.5% is looking almost certain in next month’s Budget and no one is ruling out a further extension to hardship earl...

INDUSTRY NEWS

With five significant superannuation fund mergers already on foot and eight others known to be in the early stages, the Australian superannuation industry faces further c...

INDUSTRY NEWS

The Australian Prudential Regulation Authority has failed in its obligation to enforce the sole purpose test over the use of superannuation fund monies, according to a Li...

INDUSTRY NEWS

Superannuation funds have different business models to either the banks or the major insurers and this needs to be recognised....

INDUSTRY NEWS

Around 90% of member enquiries regarding the super fund’s environmental, social and governance policy related to climate change....

INDUSTRY NEWS

While recovery momentum helped bolster account balances in August, the second half of 2020 will be dependent on COVID-19 infection rates and the gradual easing of restric...

INDUSTRY NEWS

New data has revealed how thousands of superannuation fund members and a few super fund trustees crystallised their losses in a 30-day period of turmoil generated by the ...

INDUSTRY NEWS

Strong listed share market returns were the main drivers of growth fund performance during August with Australian shares returning 3% and international shares returning 5...

INDUSTRY NEWS

In the past three months, Cbus, HESTA and UniSuper have publicly stated their intention to move to net zero emissions by 2050, according to a new report. ...

INDUSTRY NEWS

At least two companies were warned by the regulator to stop charging fees ranging from $199 to $299 for facilitating superannuation early release when the process is mean...

INDUSTRY NEWS

National Australia Bank super entities NULIS and MLC Nominees have been hit by Federal Court penalties out of an Australian Securities and Investments Commission action o...

INDUSTRY NEWS

One of the founders of Australia’s superannuation regime, former Keating adviser, Dr Don Russell, has warned that early release super and suggestions of using it for hous...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

5 days 11 hours ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

2 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 3 days ago
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