PRODUCTIVITY COMMISSION

Superannuation

Industry Super Australia has told the Productivity Commission that some retail funds and self-managed superannuation fund promoters have pursued ‘confusion marketing stra...

image
Financial planning

Industry Super Australia has urged the Productivity Commission against once-only superannuation defaults arguing members could be disadvantaged by the bank, employers or ...

image
Superannuation

Industry Super Australia has called on the opinion of a specialist industrial lawyer to try to prove the Productivity Commission wrong about how default superannuation fu...

image
Superannuation

The OpenInvest online marketplace and platform has launched, with self-managed superannuation fund trustees the primary market. ...

image
Expert Analysis

We entrust a significant portion of our savings into the superannuation system yet, as Hannah Wootton writes, the amount of information we get from funds in exchange is a...

image
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 ...

image
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 ...

image
Superannuation

Despite suggestions it had shelved its push for majority independent directors on superannuation fund boards, the Government has made clear the issue remains very much al...

image
Superannuation

Industry funds have used a Productivity Commission report on investment returns to call for regulatory action against underperforming retail superannuation funds....

image
Policy & Regulation

The Australian Competition and Consumer Commission has told a key parliamentary committee it is funded and empowered to be the financial services “competition champion”....

image
Superannuation

The Workplace Super Specialist Australia has told its national conference that existing employer funds should be included on recommended default superannuation fund lists...

image
Superannuation

The Productivity Commission has been told that alignment with members’ interests should trump investment expertise when appointing people to superannuation fund boards....

image
Superannuation

As the super industry faces both structural change and increased regulatory scrutiny, trustees may need to turn to third parties to help provide quality service, AFRM Cla...

image
Financial planning

The Australian Securities and Investments Commission has told the Productivity Commission that grandfathered commissions should be brought to an end as soon as possible....

image
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...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 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 ...

3 months ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 5 days ago