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SUPERANNUATION

INDUSTRY NEWS

Super Consumers Australia research has shown the superannuation system put over 176,000 people into a poor performing MySuper products in 2017-18....

INDUSTRY NEWS

The Australian Prudential Regulation Authority has predicted a backlash from super funds in the event it publicly names superannuation funds it deems to be underperformer...

INDUSTRY NEWS

Super funds now have more time to engage with members on understanding changes made through the Putting Members’ Interests First legislation, a super body believes....

INDUSTRY NEWS

The Financial Services Council has welcomed the Putting Members Interest First legislation which will mean those under-25 will have to opt into life insurance. ...

INDUSTRY NEWS

Senator Jane Hume has announced an extension of legislation to establish a one-off amnesty for the historical underpayment of super guarantee. ...

INDUSTRY NEWS

The lack of identification such as driver’s license and passports are hindering Indigenous people’s ability to engage with super, a report finds....

INDUSTRY NEWS

The Financial Services Council of New Zealand has released a new discussion paper which aims to identify six key issues for KiwiSaver 2050....

INDUSTRY NEWS

The ATO’s handling of punishing employers who do not pay their workers super is negligible at best, ISA believes....

INDUSTRY NEWS

Growth and balanced superannuation funds saw losses in August, but more defensive funds made a positive return, according to SuperRatings....

INDUSTRY NEWS

Super funds are not communicating to members that their investment targets are not taking into account the new norm of low interest rates and higher volatility, Rice Warn...

INDUSTRY NEWS

The ATO is looking to audit funds that are invested in a single asset class and will slap a penalty on them if the investment strategy does not meet retirement objectives...

INDUSTRY NEWS

One-in-seven employed people are likely to require financial advice each year but are not willing to pay more than $500....

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MARKET INSIGHTS

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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