SUPERANNUATION

INDUSTRY NEWS

The number of individuals with more than $3 million in super is expected to increase by 45 per cent to 80,000 by 2025, according to ASFA....

INDUSTRY NEWS

Super trustee OnePath Custodians has been ordered to pay $5 million for fees for no service misconduct, less than six months after being fined $1.4 million by APRA....

INDUSTRY NEWS

There is scope for superannuation licensees to further reduce their fees, particularly in trustee directed products, according to an APRA report....

INDUSTRY NEWS

Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....

INDUSTRY NEWS

The amount needed to set aside for a comfortable retirement continues to grow, as Finder indicates the figure is approximately double what Australian retirees will actual...

INDUSTRY NEWS

ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry....

INDUSTRY NEWS

With the calendar year end fast approaching, research house Chant West has shared how much it is expecting the median growth super fund to return for the 12-month period....

INDUSTRY NEWS

The government has revealed the final chosen wording of its objective of superannuation as the bill is introduced in Parliament....

INDUSTRY NEWS

The super trustee has received three infringement notices for allegedly misleading statements on its social media regarding the performance of one of its investment optio...

INDUSTRY NEWS

Superannuation funds experienced negative performance in October, the third consecutive month that funds have reported losses. ...

INDUSTRY NEWS

In a letter addressed to Minister Stephen Jones, Senator Andrew Bragg has asked for a clear timeline for action on addressing super complaints regarding delays in death b...

INDUSTRY NEWS

The corporate regulator has commenced its first proceedings on internal dispute resolution requirements as it takes TelstraSuper to the Federal Court....

 

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

4 days 5 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

4 days 6 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

5 days 5 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

8 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago