superannuation

Superannuation

Superannuation trustees should be permitted to provide personal advice to members, according to recommendations handed down under the final report of the Quality of Advic...

Financial planning

What does QOA say about five key advice issues?

From Statements of Advice to digital advice to superannuation, what does the final QOA report say about five key financial advice issues?...

People & Products

Vanguard head of super to depart

Vanguard’s head of super, Michael Lovett, is to depart just three months after the firm launched its superannuation offering....

Financial planning

Expect years until super funds give advice: KPMG

Advisers concerned about possible growth in superannuation funds providing financial advice after the Quality of Advice Review could wait longer than expected, according ...

Funds management

Expect further M&A in 2023: EY

M&A activity in the asset and wealth management space is expected to continue in 2023, according to EY, as firms see pressure on margins and profitability....

Superannuation

Woman sentenced for role in superannuation crime syndicate

A Melbourne woman has been sentenced for her involvement in a crime syndicate which stole over $3.3 million from superannuation and share trading accounts....

Financial planning

Former Perth adviser sentenced for super theft

A former Perth financial adviser has been sentenced after dishonestly obtaining over $35,000 from his clients’ superannuation. ...

Financial planning

Volume of advisers’ potential clients rises by 74%

Population growth combined with a shrinking number of advisers means there has been a 74% rise in potential clients available per adviser, while total superannuation per ...

Financial planning

Women's health declining due to financial distress

A Monash University-led report has found women continue to have lower incomes and less superannuation than men, which is negatively affecting their health and wellbeing....

Financial planning

QOA reforms could benefit two million retirees: FSC

FSC research has found the proposals would help retirees draw down $22.5 billion more from their super and increase life insurance uptake. ...

Financial planning

Australians receiving financial advice likely to have higher super balances

Aware Super research has found members who receive advice are likely to end up with a higher superannuation balance and withdraw funds at a higher drawdown rate....

Features

Is retirement less important in an age of flexible work?

The pandemic has empowered workers to command good salaries from the comfort of their own homes. With 40% Australians now working from home, is retirement no longer a pri...

Superannuation

Outgoing APRA chair on rectifying super underperformance

In an interview with Money Management, outgoing APRA chair, Wayne Byres, has shared his thoughts on superannuation fund consolidation and the potential issue from increas...