MYSUPER

Financial planning

The Government is wrong in its move to stop people from paying for financial advice from their MySuper accounts, according to the Financial Planning Association....

Financial planning

The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....

Superannuation

Trustees of the worst performing products have been contacted by the Australian Prudential and Regulation Authority to provide action plans on how they will address ident...

Superannuation

Australian super funds that invest responsibly tend to outperform their peers since responsible investment is no longer at the perimeter of investment philosophy, a study...

Superannuation

Twenty under-performing superannuation funds are facing almost immediate heat-map pressure from the Australian Prudential Regulation Authority and a further 20 will find ...

Superannuation

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

Policy & Regulation

APRA’s heatmap will include four investment performance measures that reflect the level of growth or defensive assets and trustees will have no excuse as to why a metric ...

Superannuation

Super Consumers Australia research has shown the superannuation system put over 176,000 people into a poor performing MySuper products in 2017-18....

Superannuation

The Australian Prudential Regulation Authority has predicted a backlash from super funds in the event it publicly names superannuation funds it deems to be underperformer...

Life/Risk

The Financial Planning Association has given its backing to the standardisation of terms and definitions with respect to insurance with MySuper products but has caused ag...

Policy & Regulation

The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....

Superannuation

The standardisation of group insurance terms and conditions could help achieve some of the Banking Royal Commission’s recommendations, a leading insurance law firm has sa...

Financial planning

AMP Limited has released its first quarter cash flows data and revealed the extent to which it is still seeking to recover from its Royal Commission challenges....

Life/Risk

The Association of Financial Advisers has told Treasury that insurance inside superannuation is of lesser quality than advised insurance, with there being an important tr...

Superannuation

Superannuation funds have largely ignored the after-tax investing obligations that the Stronger Super reforms embedded into the law, implementation manager Parametric has...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 3 weeks ago

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

6 months ago

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

8 months ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

3 weeks 4 days ago

Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...

2 weeks 2 days ago

ASIC has banned two advisers from the same advice firm for giving clients inappropriate superannuation advice that was not in their best interests. ...

3 weeks 2 days ago