SUPERANNUATION

INDUSTRY NEWS

The Retirement Income Covenant (RIC) may set a benchmark when it comes to what is good practice for retirement strategy without diminishing the value offered by financial...

INDUSTRY NEWS

The introduction of standards has failed to prevent delays when rolling over funds from APRA-regulated funds to self-managed superannuation funds, according to the SMSF A...

INDUSTRY NEWS

The SMSF Association has called for a bipartisan approach to the non-arm’s length expenditure rules, strongly arguing in favour of them being appropriately targeted and f...

INDUSTRY NEWS

Superannuation funds are questioning the methodology used for Choice heatmaps, according to the Australian Prudential Regulation Authority, days after Treasury questioned...

INDUSTRY NEWS

Addressing longevity risk in the Retirement Income Covenant is a tougher nut to crack for superannuation funds than the mandate for funds to mitigate investment and infla...

INDUSTRY NEWS

There is a “very long list” of issues around the Choice heatmaps with Treasury acknowledging they have been significantly more complex for the prudential regulator to com...

INDUSTRY NEWS

Superannuation trustees have revised their policies after the Australian Securities and Investments Commission found a lack of oversight and control measures in relation ...

INDUSTRY NEWS

Chant West has incorporated responsible investment classifications into its ratings for superannuation fund investment options, allowing investors to make more informed i...

INDUSTRY NEWS

Almost half of Australians say they are worried about their finances and a third say it is a major source of stress for them, according to survey by NGS Super....

INDUSTRY NEWS

While many struggle with low superannuation balances, there is one self-managed super fund with more than $544 million in assets, according to Australian Taxation Office ...

INDUSTRY NEWS

The Self-Managed Superannuation Fund Association deputy chief executive, Peter Burgess, has laid out exactly what changes advisers should be paying attention to in the SM...

INDUSTRY NEWS

Labor would not make any “wholesale changes” to Your Future, Your Super reforms but has instead committed to tweaking aspects of it in response to emergent challenges tha...

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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 1 day ago