The prudential regulator is open to improving the system, particularly as it expects to include Choice products next year, but it wants to keep it simple for consumers....

The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....

The remuneration standard comes into effect at the start of 2023 and aims to create more balanced incentive structures for the superannuation, insurance, and banking indu...

While investment market performance boosted the industry’s financial performance to $1 billion in FY21, individual disability income insurance continued to report losses....

The Your Future, Your Super performance test will only disclose to superannuation funds whether they had passed or failed and would not give any value indications. ...

New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...

The corporate watchdog will be checking communications from responsible superannuation entities to beneficiaries of MySuper funds that fail the Your Future, Your Super pe...

Trustees should come up with an approach that allows them to have necessary comfort that the quality of advice that is provided to members is as it should be, according t...

The superannuation fund has said it would hand over its members’ first names and emails to the publication if an arrangement were to go ahead. ...

The corporate and prudential regulators guidance on advice for superannuation trustees warns trustees about trusting financial advisers....

The corporate and prudential regulators have put superannuation trustees on notice that they can expect a further follow up on their advice fee practices and that they ex...

The legislation to set up the Financial Regulator Assessment Authority has passed to assist the corporate watchdog’s new chair to ensure the Australian Securities and Inv...

A second stage as part of the super test benchmark is needed to avoid relying on automation which could create issues similar to that of the Robodebt saga, according to t...

The prudential regulator is unlikely to make any findings on the political appropriateness of advertising from super funds but may recommend a follow-up inquiry....