MYSUPER

Superannuation

Super funds have been granted temporary relief from obligations to disclose dashboards for MySuper products, as the Government still has not passed the necessary regulati...

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Superannuation

MLC Super’s MySuper members have been moved to a new default option, as the fund implements major changes to make their MySuper offering better reflect members’ needs at ...

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Superannuation

With consumers showing apathy toward swapping out of MySuper options, it’s worth considering whether their returns actually suffer much harm from staying put in the defau...

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Superannuation

Despite the strong policy emphasis currently on superannuation account consolidation, research by Vanguard has found that very few members rollover their funds into eithe...

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Financial planning

The Australian Securities and Investments Commission has confirmed closer scrutiny of advice provided via superannuation funds while noting that conflicts of interest in ...

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Superannuation

Consistency has seen mid-sized funds come out on top in the first round of the newly launched Superannuation Fund Crown Ratings, a quantitative rating system launched by ...

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Superannuation

For all the fuss about scale in the super industry, new data has shown that members in some of the top funds’ MySuper options saw limited differences in returns regardles...

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Financial planning

The Federal Government has reinforced its intention to prohibit the deduction of advice fees from MySuper accounts at the same time as signalling more flexibility around ...

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Financial planning

The Royal Commission has recommended the deduction of any advice fee other than intra-fund advice from a MySuper account be prohibited, while their deduction from choice ...

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Superannuation

The Australian Prudential Regulation Authority has not waited on passage of Government legislation and has, instead, set new prudential requirements to support an outcome...

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Superannuation

The Australian Institute of Superannuation Trustees has welcomed the Australian Securities and Investment Commission’s announcement with regards to a longer transition pe...

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Superannuation

The Australian Institute of Superannuation Trustees has accused successive governments of providing “dozens of regulatory carve-outs … benefitting retail super providers ...

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Superannuation

Five years on from the introduction of the MySuper default arrangements, Frontier Advisors has warned that adopting a lifecycle strategy can come at the cost a lower bala...

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Superannuation

The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...

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Superannuation

The Federal Government has accommodated the wishes of industry funds by extending the so-called “superannuation outcomes test” to choice products, most of which reside wi...

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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