SUPERANNUATION TRUSTEES

Financial planning

ASIC has told the Senate economics committee that it expects the requirement for superannuation trustees to check Statements of Advice won’t be “highly prescriptive” and ...

Financial planning

Financial services lawyers believe the government may have good intentions, but the proposed legislation leaves superannuation trustees targeting an unachievable “standar...

Financial planning

Advisers could find themselves unable to receive the fair market price of their advice as the Delivering Better Financial Outcomes legislation states superannuation trust...

People & Products

Equity Trustees has confirmed its intention to exit its UK and Ireland business and will write off $2.1 million associated with the investment....

Financial planning

The corporate and prudential regulators guidance on advice for superannuation trustees warns trustees about trusting financial advisers....

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Superannuation

Product disclosure statements from superannuation and managed investment product issuers given on or after 30 September, 2022, must comply with the new fees and costs req...

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Superannuation

The Australian Institute of Superannuation Trustees flagged that superannuation needed different treatment to other institutions by the Australian Prudential Regulation A...

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Policy & Regulation

Industry funds body, the Australian Institute of Superannuation Trustees has urged that insurance claims handling be subject to the financial advice rules – something whi...

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Superannuation

The holding company for Equity Trustees has lifted net profit to $19.7 million for the year to 30 June 2018, driven by investment in new technology, organic growth and co...

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Financial planning

The financial advice sector will be slapped with a fixed levy of $1,500 under ASIC’s cost recovery framework, while super trustees will face a 'graduate component' based ...

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People & Products

Alan Schoenheimer and Andrew Gale have been appointed as non-executive directors to the board overseeing NAB’s new super structure....

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Financial planning

Actuaries claim many Austrlaian retirees are living too frugally and barriers impeding appropriate retirement products have to be removed....

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Superannuation

AIST urges Government not to adopt Board of Taxation’s recommendations lifting the super payment threshold for low income workers to $1350 a quarter....

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Superannuation

AIST and Mercer have joined hands to develop a super tracker to objectively evaluate the super system ahead of its response to the FSI....

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Financial planning

The AIST has called on the Government to draw a distinction between bank aligned and independent financial planners....

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MARKET INSIGHTS

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

2 weeks 3 days ago

Interesting. Would be good to know the details of the StrategyOne deal....

3 weeks ago

It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...

1 month 1 week ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

2 weeks 6 days ago

Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million....

2 weeks 5 days ago

The FSCP has announced its latest verdict, suspending an adviser’s registration for failing to comply with his obligations when providing advice to three clients....

2 weeks 3 days ago