SUPERANNUATION

INDUSTRY NEWS

The now permanent capital gains tax measure for superannuation fund mergers has taken away a barrier to fund consolidation, the Association of Superannuation Funds of Aus...

INDUSTRY NEWS

The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....

INDUSTRY NEWS

Hospitality, arts, recreation, manufacturing and wholesale trade industries have the highest rates of applications for early super release, according to analysis from AMP...

INDUSTRY NEWS

Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...

INDUSTRY NEWS

AustralianSuper, Hostplus, Sunsuper and REST have received over 100,000 early superannuation release applications, with Sunsuper paying all eligible members within five b...

INDUSTRY NEWS

ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....

INDUSTRY NEWS

The average early release of super for financial hardship withdrawals is around $8,000, below the $10,000 maximum....

INDUSTRY NEWS

Superannuation funds may not have been responsible for the $150,000 early release fraud being investigated by the Australian Federal Policy but their members will ultimat...

INDUSTRY NEWS

New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....

INDUSTRY NEWS

The industry super fund has paid a total of $693.4 million to over 100,000 members in early super release payments....

INDUSTRY NEWS

The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....

INDUSTRY NEWS

During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks ago

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

5 months 2 weeks ago

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

7 months 3 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 3 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 4 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 weeks 1 day ago