ISA

Financial planning

Submissions directed to Treasury around the end of grandfathering revealed little significant resistance but genuine concern around how client rebates should work....

Superannuation

The Australian Securities and Investment Commission’s attempt to improve RG 97 will fail to provide a single measure that incorporates the effect of fees and costs, accor...

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...

Superannuation

The regulator’s new tool needs to be refined to include rigorous benchmarks and Choice products, Industry Super Australia believes....

Superannuation

Industry Super Australia has suggested that the Australian Taxation Office delegate superannuation funds and trade unions to pursue superannuation guarantee debts from re...

Policy & Regulation

Industry superannuation funds have reinforced the fact that lifting the Superannuation Guarantee to 12% has already been legislated amid suggestions that the Government’s...

Superannuation

The ATO’s handling of punishing employers who do not pay their workers super is negligible at best, ISA believes....

Superannuation

Industry Super Australia wants unions and industry funds empowered to act as agents of the Australian Taxation Office to pursue employers who don’t meet their superannuat...

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...

Superannuation

Industry Super Australia has claimed superannuation fund members could be more than $416 billion better off if the Government implements automatic rollovers rather than l...

Superannuation

Industry Super Australia has warned that super fund members need to ensure they’re not throwing letters from their funds in the bin or marking emails as spam, as that cou...

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...

Superannuation

Workers who aren’t being paid their full super entitlements are falling further behind in savings that those who are, with the gap between the two blowing out by 25 per c...

Financial planning

The Association of Financial Advisers has expressed utter confusion at why Industry Super Australia would think financial advisers stood to gain anything from the rebatin...

Superannuation

Industry Super Australia has strongly rejected Government proposals to rebate grandfathered commissions to clients arguing that it will incentivise advisers to recommend ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 5 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 19 hours ago