The super system has been a “major success” with a majority of retirees saying compulsory super has given them a comfortable retirement, according to a new survey....
The Australian Prudential Regulation Authority (APRA) has revealed that five funds have failed to meet the benchmark of its second MySuper performance test....
The Australian Securities and Investments Commission is calling on superannuation trustees to improve the effectiveness of target market determinations after a sample rev...
Sydney-based fund manager Antipodes Partners has won a $1 billion mandate with leading industry super fund HESTA....
SuperRatings has analysed super fund performance in line with the Government’s performance test criteria and found that 90% of trustee directed options are estimated to p...
Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year as well as ...
The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....
ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....
Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....
Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....
Major shifts in the constructions of portfolios should not occur until a more permanent outlook on the global economy is gleaned....
Australia has a large untapped workforce of older Australians who would delay retirement for up to 10 years if they were able to switch careers and achieve a better work ...
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...