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INDUSTRY NEWS
The regulatory body will restart licensing activity for banks, insurers, and super funds with the first phase to start in September, 2020, and the second in March, 2021....
INDUSTRY NEWS
Superannuation funds are carrying out double-checks around surprisingly high instances of different bank account numbers being used by members seeking early access to sup...
INDUSTRY NEWS
Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive $3.6 million in compensation....
INDUSTRY NEWS
Superannuation funds may not necessarily be held responsible for making good the losses caused by fraud around the Government’s hardship superannuation early release regi...
INDUSTRY NEWS
A more than $1 trillion impact on superannuation assets is being forecast over the next 10 years as industry superannuation funds warn the Government against further exte...
INDUSTRY NEWS
New data has revealed the degree to which Self-Managed Superannuation Funds are facing a decade of struggle as the COVID-19 pandemic and associated measures undercuts the...
INDUSTRY NEWS
People accessing early release superannuation for a second time are on average taking more the second time around....
INDUSTRY NEWS
The Federal Government has been accused of abrogating its responsibilities by using early release superannuation as income support – something which is expensive for supe...
INDUSTRY NEWS
Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarante...
INDUSTRY NEWS
AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superan...
INDUSTRY NEWS
The Federal Government should deliver superannuation funds a reduction in regulatory levies equal to the amount of money withdrawn from superannuation under the hardship ...
INDUSTRY NEWS
The Financial Services Council has lent its weight to the SMSF Association’s push to clear the way for self-managed funds to invest in infrastructure....
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So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...