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Financial planning

Big industry fund, AustralianSuper has called for an end to grandfathering and for a legal obligation on superannuation funds to provide members with an annual report of ...

Superannuation

The Financial Services Council has used Productivity Commission analysis and data to suggest that there is a very significant underperformance problem for not-for-profit ...

Superannuation

The Australian Securities and Investments Commission has noted the absence of a ‘best interests’ obligation on employers when selecting default superannuation and the lac...

Policy & Regulation

Trail commissions have been dealt another blow, with the Productivity Commission recommending that they be banned in mortgage broking for all loans from the end of this y...

Superannuation

The Productivity Commission’s draft report into superannuation is a “timely reminder” to self-managed super fund trustees to pay close attention to fees and costs, the SM...

Financial planning

The Productivity Commission has agreed the term ‘general advice’ is misleading and should be changed, with advice being regarded as being owned by professional advisers....

Policy & Regulation

ASIC has confirmed around 20 per cent of superannuation fund receive ‘rebates’ from insurers with a similar number accepting corporate hospitality....

Financial planning

Big banking group ANZ has claimed the current default super system has served to entrench regulator, employer and union influence....

Superannuation

The Federal Government has tasked the Productivity Commission with making far-reaching recommendations on the future of the superannuation industry with particular refere...

Funds management

The Productivity Commission’s review of fees and returns in the superannuation sector is expected to result in more investment manager scrutiny....

Financial planning

Industry Super Australia has signalled it is more concerned about banks than planners in the post-Future of Financial Advice world....

Superannuation

The Productivity Commission has been told under 25s may be better off not going immediately into the superannuation system and instead be directed to a Government-run def...

Superannuation

ASIC has pointed out that super funds which offer employers seats in their corporate boxes at major sporting events may be guilty of providing an illegal inducement. ...

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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 5 days ago
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