SUPER FUNDS

Superannuation

Despite the Your Future, Your Super performance test’s focus on fees and performance, superannuation funds need to focus on retirement outcomes and benefits for members, ...

Superannuation

The largest impact of the early release to superannuation scheme was the higher monitoring and oversight required....

Superannuation

Five of the 13 funds that failed the performance test are in merger talks and the prudential regulator is looking at ways to simplify the merger process. ...

Superannuation

As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....

Superannuation

How much money is made is more important than how it is made, according to AustralianSuper chief investment officer, Mark Delaney, as many superannuation funds struggle t...

Superannuation

The Your Future, Your Super performance test will only disclose to superannuation funds whether they had passed or failed and would not give any value indications. ...

Superannuation

Despite a lag in vaccinations and snap lockdowns in the country, median balanced super funds experienced positive growth and are in position to end the financial year wit...

Superannuation

While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...

Superannuation

The Australian Prudential Regulation Authority has raised eyebrows by revealing the degree to which it wants to influence which funds merge with which. ...

Superannuation

Choice superannuation funds have been placed on notice that unless they look to their fees and investment performance they are at risk of being painted red on the heatmap...

Superannuation

Balanced superannuation funds have returned 14.5% over the 2020-21 financial year to date thanks to an improving economic situation and confidence in state and federal va...

Funds management

Industry funds-owned fund manager, IFM has complained it is the only fund manager to be called before a House of Representatives Committee and that it has already answere...

Superannuation

The super fund for the higher education and research sector, has announced readiness to open to new members from outside the sector from July this year. ...

Superannuation

AMP Limited has joined the chorus of industry voices pointing to the significant unintended consequences likely to flow from its superannuation legislation and calling or...

Superannuation

The rollout of the COVID-19 vaccine in Australia has allowed superannuation funds to continue to enjoy the continued market recovery, according to SuperRatings....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 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 ...

5 months ago

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

7 months ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

3 weeks 5 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 2 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

2 weeks 5 days ago