industry super australia

Policy & Regulation

Disallow FOFA regulatory changes says ISA

Industry Super Australia has called on the Senate to disallow the Government’s FOFA regulatory changes claiming they will see a return to the bad old days....

Financial planning

Commbank promises detailed response

Commonwealth Bank chief executive, Ian Narev has promised a detailed response to last week’s scathing Senate Committee report as Financial Services Minsiter, Senator Math...

Policy & Regulation

ISA calls for halt on FOFA reforms

Proposed regulatory reforms of the FOFA legislation should be put on hold following the Senate Economics Committee report on ASIC’s performance, ISA believes....

Superannuation

ISA to change ads after ASIC expresses concern

Industry Super Australia (ISA) has voluntarily offered to change its 'Compare the Pair’ advertising campaign after concerns were raised by the Australian Securities and I...

Superannuation

ISA wants ASIC audit of orphan commissions

Industry Super Australia has called on ASIC to conduct an audit of orphan commissions. ...

Policy & Regulation

Cormann’s FOFA reforms plan gets mixed reaction

Industry lobbyists are giving the Federal Government’s decision to plough ahead with the implementation of some elements of the Future of Financial Advice reforms a mixed...

Superannuation

LISC scrapping to hurt modest income earners

Working mums and those residing in rural and regional areas will be hardest hit by Low Income Super Contribution scrapping....

Policy & Regulation

Cormann outs FOFA amendment critics

Finance Minister, Senator Mathias Cormann claims critics of the Government’s FOFA changes have fallen short on offering viable alternatives....

Financial planning

FSC’s Court win on default funds

The FSC has won its Federal Court case challenging the make-up of the FWC’s expert superannuation panel....

Superannuation

Super to solve infrastructure woes

Superannuation funds could ease governments’ budgetary pressures by financing major infrastructure projects around the world, IFM Investors and Industry Super Australia c...

Policy & Regulation

Let FOFA reforms bed-in: ISA

Industry Super Australia (ISA) has reiterated its view that Future of Financial Advise (FOFA) reforms should be given time to deliver benefits to consumers before new cha...

Policy & Regulation

ISA misrepresented bankers on FOFA reforms

Claims that the major banks are seeking the reintroduction sales commissions for financial advices and compulsory super, are misleading the Australian Bankers’ Associatio...

Financial planning

Commissions to cost consumers $7.5b: report

Consumers face additional fees and charges of up to $530 million a year if the Federal Government backs proposals to reintroduce commissions, a report from Rice Warner re...