SUPERANNUATION

Superannuation

The Government has deferred the introduction of a Retirement Income Covenant raising concerns that it is building towards far-reaching changes to the superannuation via i...

Financial planning

Financial advisers should report any concerns they have about superannuation funds breaking the intra-fund advice rules to the Australian Securities and Investments Commi...

Financial planning

New analysis from KPMG has confirmed the environment is ripe for industry superannuation funds to fill the advice gap left by the exit of the major banks but there is lit...

Superannuation

Almost all of BT’s Advance Retirement Suite early access to super payments have taken between six to nine days, according to Australian Prudential Regulation Authority (A...

Superannuation

Industry Fund Services is receiving between $400,000 and $500,000 a year to provide a financial advice service to industry funds....

Tools & guides

With the Budget postponed until October, the economic stimulus measures implemented for COVID-19 mean advisers have to contend with a whole new world, writes Jeff Scott....

Superannuation

Faced by strong ongoing criticism from some Government back-benchers, Industry Super Australia has hit back pointing out the degree to which industry superannuation funds...

Superannuation

The Financial Services Council has welcomed the new legislation but is disappointed the laws also create unnecessary tax compliance burden on Australia’s managed funds....

Superannuation

Hospitality, arts, recreation, manufacturing and wholesale trade industries have the highest rates of applications for early super release, according to analysis from AMP...

Superannuation

Industry Super Australia has received tough written questioning from the Australian Securities and Investments Commission around how it calculates the impacts of early ac...

Superannuation

ME Bank and Industry Super Australia will be placed under scrutiny as part of an urgent public hearing of a key Parliamentary Committee....

Financial planning

While industry associations have welcomed the six-month deferral, they have called for the Government to be open to reviewing the timeline given the uncertainty of the CO...

Superannuation

New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....

Superannuation

The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....

Superannuation

During the first week of the early super release payments scheme trustees paid members $1.3 billion, according to data....

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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 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

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day 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 5 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 1 day ago