SUPERANNUATION TRUSTEES

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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The superannuation industry has applauded the Financial System Inquiry report’s proposal to tackle income stream barriers and enshrine super goals....

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Superannuation

Concerns about the fees being charged on default superannuation funds are prompting calls for the final transition date for savings to be moved to a MySuper account to be...

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Funds management

ASIC has been told there needs to be greater clarity between what represents a ‘fee’ and a ‘cost’ in Product Disclosure Statements....

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 13 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 14 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 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 1 week 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 ago

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

9 months 1 week ago