ASFA

Superannuation

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....

Superannuation

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...

Superannuation

New analysis by the Association of Superannuation Funds of Australia has looked into which Australian states have the biggest, and smallest, average superannuation balanc...

Superannuation

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...

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Financial planning

Superannuation should not be used as a “piggy bank” to solve the housing crisis, industry experts believe, as the Coalition announces plans to let first-home buyers acces...

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Financial planning

Access to high-quality advice for consumers will be a key priority for the Labor government, according to shadow minister for financial services, Stephen Jones. ...

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Financial planning

Industry associations have welcomed the Federal Budget for providing stability by leaving superannuation unchanged but believe mums will be left behind....

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Superannuation

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 ...

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Superannuation

The SupaWomen campaign aims to help women obtain superannuation during parental leave and ensure they have access to education to learn about investing for retirement....

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Financial planning

Member engagement and age are two factors which could be considered in future iterations of the superannuation performance test, according to the Association of Superannu...

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Superannuation

Changes to the superannuation portfolio holdings disclosure regulations will achieve greater transparency for consumers, according to the Association of Superannuation Fu...

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Superannuation

With increased regulatory change along with growth, superannuation funds have increasingly inhoused investment functions meaning there has been more immediate knowledge o...

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Superannuation

The removal of the threshold is expected to benefit around 300,000 people, of whom about 63% are female....

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Superannuation

The association is seeking feedback on the direction of its climate change strategy with the aim of mitigating climate change risk in portfolios, following the release of...

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Editorial

While the Government has called the inquiry “urgent”, what is perhaps more urgent is handling the advice industry given droves of advisers are leaving the industry due to...

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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...

1 week 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 1 day 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 2 weeks ago