SUPERANNUATION

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...

INDUSTRY NEWS

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling c...

INDUSTRY NEWS

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

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

3 months 1 week ago

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

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 2 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 1 day ago