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MYSUPER
Superannuation
The prudential regulator is open to improving the system, particularly as it expects to include Choice products next year, but it wants to keep it simple for consumers....
Superannuation
The Your Future, Your Super performance test will only disclose to superannuation funds whether they had passed or failed and would not give any value indications. ...
Superannuation
The corporate watchdog will be checking communications from responsible superannuation entities to beneficiaries of MySuper funds that fail the Your Future, Your Super pe...
Superannuation
The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....
Superannuation
Superannuation funds have delivered its strongest performance in the nearly 30 years since compulsory super began, according to an association....
Policy & Regulation
The corporate regulator has banned another former authorised representative for misleading clients about MySuper opt-outs....
Superannuation
At the same time as the Government looks to put a regulatory framework around the Australian Prudential Regulation Authority super performance tests, a financial adviser ...
Superannuation
Questions posed via a Parliamentary Committee may have been aimed at extracting expenditure information from major superannuation funds but they have confirmed just how d...
Superannuation
Some 21 MySuper products currently on offer in the market and holding over $100 billion in funds are under-performers and their members simply don’t realise it, according...
Financial planning
Andrew Hills has been banned by the corporate regulator for allowing misleading and inaccurate letters about MySuper opt-outs to Aon Master Trust members....
Superannuation
The superannuation fund performance test needs to test every super product, not just MySuper products, to avoid underperforming funds escape scrutiny, according to a supe...
Financial planning
The rules around intra-fund financial advice must be significantly tightened and ongoing financial advice support fees must become as low cost as a mobile phone plan, acc...
Superannuation
While the superannuation system is working and performing well, there are high cost, scale, and sustainability issues, according to Helen Rowell. ...
Financial planning
Financial advisers have expressed consternation that Asgard has signaled that it will be turning off one-off adviser fees on MySuper accounts. ...
Financial planning
The Federal Government has made at least some concessions to financial advisers with new legislation at least simplifying some elements of fee disclosure while making cle...
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MARKET INSIGHTS
Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...