SUPERANNUATION FUNDS

Financial planning

The Australian Securities and Investments Commission has cancelled the AFS licence of Austplan, effective from 25 November....

SMSF

The Federal Opposition’s move to remove franking credits may drive up SMSF membership, according to SMSF Alliance principal, David Busoli. ...

Superannuation

After months of doubt, AMP Limited has received confirmation that it has lost one of its largest corporate superannuation mandates – Australia Post....

Superannuation

Despite returning 2.1 per cent for the September quarter, the first half of October has seen a change of fortunes for super funds....

Superannuation

The Federal Government’s Budget changes impacting low-balance superannuation fund members could contradict best interests requirements by leaving them worse off....

Superannuation

The Productivity Commission has been told under 25s may be better off not going immediately into the superannuation system and instead be directed to a Government-run def...

Superannuation

Highly complex claims processes are forcing superannuation fund members to seek lawyer assistance in making insurance claims....

Superannuation

Superannuation funds have warned they need more time to put in place changes to transition-to-retirement income streams and the new transfer balance cap....

Superannuation

Industry Super Australia claims the major banks are switching customers into under-performing retail super funds via direct sales tactics which bypass planners. ...

Policy & Regulation

A Money Management survey has revealed continuing strong resistance to a Royal Commission but a belief that superannuation funds, particularly industry funds, should not ...

Superannuation

Australian superannuation growth funds have recorded gains in May, with the median fund returning 2.3 per cent, according to the Morningstar Australian Superannuation Sur...

Superannuation

Claims of persistent underperformance justify scrutiny of bank-owned superannuation funds, according to Industry Super Australia....

Funds management

Colonial First State’s platform offerings are back to their best in the eyes of financial planners, taking the top two spots in Wealth Insights’ Service Level Report....

Editorial

The Financial Services Council’s Blake Briggs argues that the Government’s changes to super fund governance arrangements and default funds will ultimately help consumers....

Financial planning

Super funds declined for the first quarter of 2015/16 amid market volatility and significant exposure to equities, SuperRatings data showed....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

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

7 months 1 week 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 6 days ago

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

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

4 days 1 hour ago