Powered by MOMENTUM MEDIA
moneymanagement logo
 

SUPER FUNDS

Policy & Regulation

Superannuation fund trustees will not be able to resort to members’ funds held in trust to pay civil penalties arising from the new Financial Accountability Regime....

Funds management

Changes surrounding climate change will be the world’s ‘third revolution’, according to Fidelity global head of stewardship and sustainable investing Jenn-Hui Tan....

Financial planning

A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...

Funds management

Industry funds-backed IFM Investors has taken a lashing from the Assistant Minister for Financial Services, Senator Jane Hume, over its payment of $12.7 million bonus to ...

Policy & Regulation

Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...

Policy & Regulation

Research and ratings house Lonsec is suggesting to financial planning firms that it may need its services in appropriately meeting the requirements of the new Financial A...

Financial planning

The Australian Securities and Investments Commission has confirmed how it placed conditions on superannuation funds which had the effect of ending the payment of commissi...

Financial planning

Superannuation funds have been ‘engaged’ by the regulators over payments to financial advisers and other third parties....

Superannuation

UniSuper has warned that its members will have to foot the bill unless the Government takes account of the unique nature of defined benefit schemes in its changes to choi...

Funds management

Industry fund Hostplus has revealed its multi-million bill for investment and management fees....

Superannuation

Many superannuation fund members are unaware they are part owners in industries that might not align with their values such as tobacco, weapons, and gambling, according t...

Superannuation

A number of retail funds had a good year in terms of 2019 performance but industry funds have continued to dominate over the past 10 years....

Superannuation

A leading plaintiff law firm has called for employers to be placed under a legal obligation to select the right default superannuation fund for their employees at the sam...

Superannuation

The average self-managed superannuation fund with a balance less than $200,000 generated negative returns over three successive financial years, according to the Australi...

Financial planning

Australians who have lost their life insurance policy details in the bushfires can contact the Financial Services Council for help....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

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

1 week 5 days 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 weeks 5 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 6 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 4 days ago