PRODUCTIVITY COMMISSION

Financial planning

The SMSF Association has backed a Productivity Commission recommendation to rename “general advice” in circumstances where the information provided to clients by some adv...

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Policy & Regulation

The Australian Prudential Regulation Authority (APRA) has told the Productivity Commission it needs more powers and that its lack of powers has inhibited its ability to b...

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Policy & Regulation

The Productivity Commission’s competition report shows that “more and more regulation can be harmful to consumers because it weakens competition,” the Customer Owned Bank...

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Policy & Regulation

The Productivity Commission has recommended that the Australian Competition and Consumer Commission take on the role of “competition champion for the financial system”....

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Financial planning

The Association of Financial Advisers has told the Productivity Commission that clients actually do get value from trailing commissions and should be informed of that val...

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Financial planning

Providing self-managed super funds advice requires a higher standard than is being indicated by FASEA, according to the SMSF Association....

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Superannuation

The Productivity Commission has been warned that both its methodology and attitude to self-managed superannuation funds may have opened the sector to attack from other el...

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Superannuation

Class Limited has highlighted what it describes as significant SMSF gaps in the Productivity Commission's Superannuation Report and said is performing its own analysis to...

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Superannuation

Consumer group Choice has called on the Productivity Commission to recommend a total ban on grandfathered commissions....

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Superannuation

The Association of Financial Advisers has warned the Productivity Commission it is placing at risk historical special deals struck between employers and superannuation fu...

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Superannuation

Colonial First State has told the Productivity Commission that the involvement of advisers in retail super funds together with an older member demographic makes compariso...

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Superannuation

The Productivity Commission is wrong to assert that high fees are clearly associated with low super returns, according to superannuation fund ratings house, SuperRatings....

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Financial planning

Industry Super Australia has strongly attacked the recommendations of the Productivity Commission on superannuation while arguing that advisers should be held liable for ...

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Superannuation

Superannuation fund trustees should be held to the same standards as advisers in terms of explaining insurance inside superannuation and the impact on balance erosion, ac...

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Superannuation

BT Financial Group has come out in support of the Productivity Commission’s recommendation for a list of the 10 “best in show” super funds, saying that strong funds shoul...

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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...

6 days 7 hours 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...

6 days 8 hours 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 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 1 week ago