SUPERANNUATION

Superannuation

The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....

Superannuation

The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...

Superannuation

A key parliamentary committee has questioned the future of ANZ’s sale of the OnePath pensions and investments business to IOOF....

Superannuation

The recommendation from the Royal commission to introduce a last resort compensation scheme for consumers suffering a financial loss from advice failures is a win for SMS...

Superannuation

Defined contribution assets in pension markets have overtaken defined benefit assets for the first time in what could be construed as a vote of confidence in Australia’s ...

Superannuation

Industry Super Australia has called on politicians to put super fund members’ interests above politics in Parliament this week and debate and pass proposed laws to improv...

Funds management

The Australian Custodial Services Association has announced today that it will facilitate an industry taskforce approach to improving inefficiencies in servicing managed ...

SMSF

The Royal Commission has laid groundwork to improve the financial services sector and build a more trusted industry, according to the SMSF Association....

Financial planning

The Royal Commission has recommended the deduction of any advice fee other than intra-fund advice from a MySuper account be prohibited, while their deduction from choice ...

Financial planning

Big industry fund AustralianSuper has expressed concern about the consequences for superannuation funds if they are asked to offer members complex post-retirement product...

Superannuation

A number of corporate superannuation mandates may change hands if particular companies are named and shamed in the Royal Commission’s final report, with serious contingen...

Superannuation

A superannuation fund has been censured and ordered to compensate a member for unduly delaying a rollover to his self-managed superannuation fund....

Superannuation

The ‘top ten’ list of default funds doesn’t adequately respond to the issues with multiple accounts or underperforming super funds identified by the Productivity Commissi...

Superannuation

The Productivity Commission has been accused of choosing a political decision on superannuation rather than member best interest....

Superannuation

SuperConcepts has revealed a study which indicates the top 10 exotic self-managed super fund assets and why trustees typically make investments in those assets....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 3 weeks 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. ...

2 weeks ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

6 days 13 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

1 week ago