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INDUSTRY NEWS
The prudential regulator has confirmed it is expecting to see the rapid pace of consolidation among superannuation funds to continue for the next two years....
INDUSTRY NEWS
The cost of providing a Statement of Advice to superannuation fund members is thousands of dollars more than for a Record of Advice, according to ASFA, and consumers find...
INDUSTRY NEWS
Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary con...
INDUSTRY NEWS
Australian Super and Australian Retirement Trust are expected to see assets under management reach $1 trillion by 2040, according to KPMG....
INDUSTRY NEWS
HESTA has welcomed the decision by AGL to scrap its de-merger plan, after spending an estimated $160 million, and the chief executive and chairman resigned....
INDUSTRY NEWS
Superannuation funds have a role to play in providing advice as research by KPMG has found those members who sought advice were less likely to switch funds during market ...
INDUSTRY NEWS
The merger between BT Super and Mercer will help advance Mercer on its mission to be the best superannuation fund in the market while members could see more than 25% fee ...
INDUSTRY NEWS
Progress to gender financial equality saw the worst start to a year in a decade despite a significant win in superannuation savings for women, according to the latest Fin...
INDUSTRY NEWS
Wilson Asset Management founder, Geoff Wilson, has written to both political parties to seek understanding there will be no changes to superannuation rules following the ...
INDUSTRY NEWS
APRA chair, Wayne Byres, says the regulator is eyeing sub-standard superannuation products and practices through a combination of the performance tests, heatmaps and a “m...
INDUSTRY NEWS
Comprehensive advice offerings in superannuation funds have seen a steady decline over the last few years in favour of referral process while scaled advice has stayed fai...
INDUSTRY NEWS
Only 10% of superannuation members want to be referred to an adviser before they retire, while 50% want information to help them choose a retirement income solution, acco...
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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...