SUPERANNUATION

INDUSTRY NEWS

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....

INDUSTRY NEWS

The Australian Prudential Regulation Authority (APRA) has revealed that five funds have failed to meet the benchmark of its second MySuper performance test....

INDUSTRY NEWS

The Australian Securities and Investments Commission is calling on superannuation trustees to improve the effectiveness of target market determinations after a sample rev...

INDUSTRY NEWS

Sydney-based fund manager Antipodes Partners has won a $1 billion mandate with leading industry super fund HESTA....

INDUSTRY NEWS

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...

INDUSTRY NEWS

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 ...

INDUSTRY NEWS

The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....

INDUSTRY NEWS

ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

INDUSTRY NEWS

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....

INDUSTRY NEWS

Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....

INDUSTRY NEWS

Major shifts in the constructions of portfolios should not occur until a more permanent outlook on the global economy is gleaned....

INDUSTRY NEWS

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 ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

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

3 months 1 week ago

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

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks 2 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks ago