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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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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...