SUPERANNUATION

Policy & Regulation

Counsel assisting the Royal Commission has pointed to serious breaches within the major banks while suggesting many of the issues surrounding industry funds can be dealt ...

Superannuation

As the super industry faces both structural change and increased regulatory scrutiny, trustees may need to turn to third parties to help provide quality service, AFRM Cla...

Expert Analysis

Graeme Colley looks out how $10,000 savings can be fully maximised from a tax perspective when used to bolster a couple’s superannuation savings....

Superannuation

Self-managed super funds face potential issues from draft regulations that would apply SuperStream data standards to SMSFs more extensively from the end of November 2019....

People & Products

Equip has substantially increased its governance, risk and project management teams to meet member demands....

Superannuation

Australian super funds are benefiting from big gains in the US and European markets already being reflected in members’ accounts to get the new financial year off to a pr...

Financial planning

The Royal Commission has been told that the AMP Super trustee had little or no knowledge of what AMP advisers were doing in relation to recommending superannuation produc...

Superannuation

The Australian Institute of Superannuation Trustees has reiterated its call for key amendments to the Protecting Your Super legislation, which followed a Senate Economics...

Financial planning

The Superannuation Complaints Tribunal has broken new ground by ordering a superannuation fund to reimburse nearly 10 years of fees deducted from a member’s account for a...

Financial planning

The Royal Commission has heard that Colonial First State paid advisers who had been receiving trailing commissions a one-off $750 fee, so they could re-engage with their ...

Financial planning

The Association of Financial Advisers has warned of a likely upsurge in super complaints out of the Royal Commission and the possibility that the financial planning indus...

Expert Analysis

Bernie Ripoll writes that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry may represent a once-in-a-lifetime opportuni...

Superannuation

The Australian Securities and Investments Commission has noted the absence of a ‘best interests’ obligation on employers when selecting default superannuation and the lac...

Superannuation

A key witness for NULIS and MLC/NAB, Paul Carter, has admitted to the Royal Commission that adviser contribution fees imposed by the fund were “best described as a commis...

Superannuation

The Royal Commission will examine the status of the industry funds ‘fox in the henhouse’ advertising campaign....

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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 3 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 1 day ago

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

1 week 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 1 day ago