INDUSTRY FUNDS

Superannuation

Two of Australia’s largest industry superannuation funds have revealed how much money they spent on advertising and marketing, with AustralianSuper revealing that its con...

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Life/Risk

Five terminal illness claims and two death claims have already been turned away by Hostplus for members unaware of the PYS changes and the fund believes this is just the ...

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Financial planning

The Australian Securities and Investments Commission has acknowledged the likelihood of an advice gap, particularly for lower income earners, but is looking to superannua...

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Policy & Regulation

The number of complaints received about individual firms should be available to financial services customers, according to the Australian Institute of Superannuation Trus...

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Superannuation

The Federal Treasurer, Josh Frydenberg has refused to concede the universal out-performance of industry funds, noting the Productivity Commission’s findings regarding the...

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Financial planning

The Andrews Government has announced a $250 million Victorian Business Growth Fund for small and medium enterprises, with two major industry super funds offering their su...

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Superannuation

The Australian Securities and Investments Commission has chosen AustralianSuper as the default fund for all new employees from 1 July, this year....

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Financial planning

Amid claims by Industry Super Australia that grandfathering should be ended rapidly and without a client rebate regime, some advisers are claiming that industry funds sal...

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Superannuation

New industry funds research points to a continuing glaring gap between the fees charged by bank-owned retail superannuation funds and those charged by industry funds....

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Policy & Regulation

Industry funds body, the Australian Institute of Superannuation Trustees has urged that insurance claims handling be subject to the financial advice rules – something whi...

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Superannuation

Some industry super funds are investors of a major arms company trading with Saudi Arabia, and consumers say they’re willing to switch funds as a result....

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Superannuation

Industry superannuation funds with their higher allocations to unlisted assets have generated the best calendar year returns for 2018....

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People & Products

Big retailing industry superannuation fund REST has confirmed it will soon be announcing the names of those to fill newly-created group executive roles following the exit...

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Superannuation

Treating self-managed superannuation funds differently to industry funds with respect to franking credits is un-Australian, according to financial services academic, Prof...

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Superannuation

As the banks face issues with customer satisfaction so too have their associated super funds, with industry funds having increased their customer satisfaction ratings ove...

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Never miss the latest news and developments in wealth management industry

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 18 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