DEFAULT FUNDS

Superannuation

The Budget has a slap at default fund processes, cutting funding to modern awards....

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Superannuation

The Department of Employment has acknowledged that no provision has been made for communicating default fund outcomes to employers....

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Superannuation

Most superannuation funds simply rebranded existing balanced default options as their MySuper offering under MySuper changes, new research finds....

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Superannuation

The Federal Government has acknowledged the possibility that the FWC’s default fund processes might force some small MySuper funds to close....

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Superannuation

Superannuation industry bodies have welcomed the deferral of the start date for the choice product dashboard by 12 months. ...

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Editorial

The president of the Fair Work Commission has made a personal stand to ensure that the default funds review is completed, but Mike Taylor suggests some will question what...

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Funds management

The FSC has sought to scotch industry super claims that banks are offering incentives to employers on the selection of default funds....

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Superannuation

FSC considers legal action over FWC’s refusal to review the status of its expert panel and grant a MySuper extension....

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Superannuation

Government should open tender process for small pool of default funds, says Grattan Institute....

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Superannuation

New survey data has backed the Government’s approach on all approved MySuper products being eligible as default funds....

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Superannuation

Industry Super Australia blames the ‘banks’ for the FSC’s moves to challenge the FWC on its default fund review process....

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Financial planning

The FSC has challenged the validity of moves by the FWC president, Justice Ross, to continue the review of default funds....

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Financial planning

FWC president moves to put review of defaults funds ‘beyond doubt’ by appointment himself to expert super panel....

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Superannuation

The Financial Services Council has called for a halt to the FWC review of default funds until it complies with the Act....

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Financial planning

The president of the Fair Work Commission has rebuffed FSC calls to cease its review of default funds under modern awards....

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JOHN GILLIES

Might be a bit different to i the past where at most there was one man from the industry on the loaded enquiry boards a...

1 day ago
Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

5 days 19 hours ago
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 5 days 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 2 weeks 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 1 week 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