MYSUPER

Superannuation

ASIC is putting the public’s retirement savings at risk and “kicking the can down the road” in deferring disclosure requirements on Choice products, a major industry body...

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...

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 ...

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...

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...

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 ...

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 ...

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...

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 ...

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 ...

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...

Superannuation

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

Superannuation

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

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...

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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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