SUPERANNUATION

Superannuation

Many superannuation fund members are unaware they are part owners in industries that might not align with their values such as tobacco, weapons, and gambling, according t...

Superannuation

A leading plaintiff law firm has called for employers to be placed under a legal obligation to select the right default superannuation fund for their employees at the sam...

Policy & Regulation

The Federal Government has been accused of pandering to the big banks and reneging on the recommendations of the Royal Commission by pursuing new legislation to alter def...

Financial planning

IOOF has confirmed the existence of 67 advisers it regards as being in the high risk category as it gets ready to start client remediation early this year....

Financial planning

Australians who have lost their life insurance policy details in the bushfires can contact the Financial Services Council for help....

Financial planning

AMP’s proposed new wealth business model has been mapped out for a Parliamentary committee....

Financial planning

The SMSF Association wants the Government to dump its limited licensing regime for accountants on the basis of it having failed to meet its objectives and having, instead...

Policy & Regulation

Self-Managed Superannuation Funds should be exempted from the Government’s new design and distribution regime because they are not like other financial products, accordin...

Superannuation

Superannuation funds could benefit from investing in European property, according to LGIAsuper....

Superannuation

The funds are analysing data to identify members and employers in bushfire areas to provide support....

Superannuation

Barely a week after distribution its superannuation heatmaps, the Australian Prudential Regulation Authority is arguing that larger superannuation funds are more sustaina...

Policy & Regulation

Insurance inside superannuation needs a properly resourced code administrator with sanction powers, according to the Australian Securities and Investments Commission....

Financial planning

In 2017 the bank had underpaid staff in pay and entitlements in relation to super due to ‘excessively complex individual employment arrangements’, according to the Financ...

Superannuation

Legislation will be introduced next year to allow trustees to voluntarily transfer any amount of inactive low balance accounts to the tax office, spelling the beginning o...

Superannuation

The superannuation industry has been urged by the Australian Securities and Investments Commission to focus more on improving life insurance outcomes for its members....

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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 4 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 ago