INDUSTRY SUPERANNUATION FUNDS

Financial planning

Industry funds are urging more clarity from the regulators on what can be delivered via limited and intrafund advice while canvassing the ability to bill members in three...

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Superannuation

Government backbenchers have pointed to evidence that AustralianSuper chief executive, Ian Silk, spoke to a critic of the Victorian Government COVID-19 lockdown as eviden...

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Financial planning

Industry superannuation funds believe they are on safe ground in providing both scaled advice and intrafund advice citing the authority of the Australian Securities and I...

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Funds management

First it was industry superannuation funds announcing downward revaluations of their unlisted assets, now major property funds started announcing similar processes....

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Policy & Regulation

The chair of the Australian Securities and Investments Commission, James Shipton has declared the regulator treats industry and retail funds equally....

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Superannuation

Industry superannuation funds have welcomed an announcement by the Australian Prudential Regulation Authority that it will begin collecting data on choice superannuation ...

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Superannuation

The two major industry superannuation fund groups have urged the Government to rule out tampering with or delaying the scheduled increases in the superannuation guarantee...

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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 Coalition Government has called on the Senate to pass its Protecting Your Super Package and Member Outcomes legislation. ...

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Superannuation

Members are more satisfied with industry superannuation funds than with their retail counterparts, with satisfaction with self-managed superannuation funds highest of all...

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People & Products

Industry fund, First Super has appointed Aboriginal elder, Tim Chatfield as an independent director on its board, effective from 22 September....

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People & Products

legalsuper has added Challenger's lifetime and fixed term annuities to its retirement products menu....

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People & Products

Former Future Fund boss, Mark Burgess has joined the HESTA board and will head the new investment committee....

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Financial planning

A financial planning practice within Charter Financial Planning has paid $10,200 penalty after ASIC found it made misleading representations in an article on its website....

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Funds management

APRA deputy chairman, Ian Laughlin, has identified the market power of industry funds and how it has influenced the group life market. ...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

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