SUPERANNUATION

INDUSTRY NEWS

The Government’s income support package to help Australians in financial hardship brought by COVID-19 has been welcomed by the FSC that stressed that super should not be ...

INDUSTRY NEWS

There will be no income or assets tests for individuals who are eligible for early release of superannuation, which was announced on Sunday as a part of the government’s ...

INDUSTRY NEWS

The Government has announced that workers who lose their jobs will be able to drawdown $10,000 from their superannuation to cover losses caused by COVID-19. ...

INDUSTRY NEWS

The corporate watchdog allege Colonial First State Investments Limited sent misleading or deceptive communications to members of the FirstChoice Fund....

INDUSTRY NEWS

The Government should consider retirement investment bonds as many retirees’ investments are being hit by COVID-19, plunging sharemarkets, and the falling Australian dol...

INDUSTRY NEWS

The Federal Treasury has made clear it expects the Australian Prudential Regulation Authority to scrutinise any fee increases imposed by superannuation funds which then b...

INDUSTRY NEWS

Superannuation industry executives have acknowledged the potential for funds to run into liquidity issues because of the downturn and risk to jobs in the travel, hospital...

INDUSTRY NEWS

Mark Goldenberg operated an illegal early access to superannuation scheme and engaged in credit activities without an Australian credit licence....

INDUSTRY NEWS

The proposed legislation could motivate advisers to enter into ongoing fee arrangements with superannuation members, according to a super body. ...

INDUSTRY NEWS

Women in Super and Industry Super Australia are calling on the Government to make changes to the superannuation system which would help bridge the gender super gap....

INDUSTRY NEWS

The government has looked to increase flexibility in how Australians save as they transition to retirement with draft legislation allowing people aged 65 and 66 to make v...

INDUSTRY NEWS

The two funds will undertake a due diligence process to explore a merger that would allow access to a more diverse pool of investments and help lower fees....

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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