SUPERANNUATION FUNDS

Superannuation

Both AustralianSuper and UniSuper have been reported as having imposed a downward revaluation of their unlisted assets....

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Superannuation

Superannuation industry executives have acknowledged the potential for funds to run into liquidity issues because of the downturn and risk to jobs in the travel, hospital...

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Financial planning

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

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Funds management

Industry funds-owned IFM Investors has maintained its relative silence on how it remunerates its executives, arguing that a key parliamentary committee is seeking more in...

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Policy & Regulation

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

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Financial planning

Financial Planning Association chief executive, Dante De Gori has pointed to the impacts of increasing regulatory oversight with the cost of generating a statement of adv...

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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....

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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...

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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 ...

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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...

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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...

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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...

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Financial planning

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

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Policy & Regulation

The Australian Prudential Regulation Authority will be imposing a climate change stress test on banks, insurers and superannuation funds....

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Superannuation

A major industry fund has told a Senate Committee that the Australian Prudential Regulation Authority’s heatmaps got it wrong because of classification errors....

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MARKET INSIGHTS

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Graeme

FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...

10 hours ago
Ross Smith

The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...

12 hours ago
Greg

I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...

3 days 11 hours 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 3 weeks 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 1 week ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 3 weeks ago