AIST

Financial planning

The corporate watchdog’s guidance on the scope of civil penalty provisions and what may amount to trivial breaches does not provide sufficient objectivity to assist licen...

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Superannuation

While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...

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Superannuation

Long-awaited reforms to stop abusive partners hiding super assets in family law cases has been welcomed by the Australian Institute of Superannuation Trustees, Women’s Le...

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Features

The Government has succeeded in using the Federal Budget to tidy up some longstanding superannuation policy loose-ends with some usually noisy backbenchers remaining comp...

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Superannuation

Some of the worst-performing super products have been carved out of the performance test putting consumers at risk of being stapled to a dud fund, according to the Austra...

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Superannuation

Superannuation industry associations may be facing significant consolidation as the Government’s new legislation forces to superannuation funds to justify spending member...

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Superannuation

They may have won a victory with respect to women impacted by domestic violence being able to access up to $10,000 of their super, but industry funds want the Government ...

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Superannuation

The superannuation fund performance test needs to test every super product, not just MySuper products, to avoid underperforming funds escape scrutiny, according to a supe...

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Superannuation

Industry superannuation funds want the Government’s new Your Future Your Super legislation referred to a Senate Committee claiming it creates an unprecedented over-reach ...

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Superannuation

The Government is being accused of regulatory over-reach via its Your Future Your Super legislation with industry funds, company directors, employers and accounts coalesc...

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Financial planning

Industry funds have urged an extension of intra-fund advice to cover retirement adequacy scenarios and spouse super....

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Superannuation

Forcing workers to use their retirement savings to fund their own pay rise should not be a way to deal with low wage growth, the Australian Institute of Superannuation Tr...

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Superannuation

The Government needs to address underperformance in the superannuation system before stapling of super accounts begins, according to the Australian Institute of Superannu...

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Superannuation

The COVID-19 early release superannuation scheme has forced people to choose between poverty now or poverty in retirement, the Australian Institute of Superannuation Trus...

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Superannuation

Poorly-performing superannuation funds need to be identified and weeded out before the Government embarks on stapling....

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Never miss the latest news and developments in wealth management industry

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...

6 days 23 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...

1 week 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...

1 week 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. ...

9 months 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