SUPERANNUATION

Financial planning

New research released by the NZ Financial Services Council has revealed strong support for lifting KiwiSaver contributions to four per cent....

People & Products

Local Government Super has announced the appointment of former Zurich Financial Services boss, David Smith, as its new chief executive....

Superannuation

The Productivity Commission has been asked to consider why APRA-regulated funds do not allow their members to achieve the same tax outcomes as members of SMSFs....

Superannuation

Underperforming superannuation funds have been put on notice by the Australian Prudential Regulation Authority to shape up or be forcibly shipped out of the superannuatio...

Superannuation

Retail funds and self-managed superannuation funds have outstripped industry funds for member satisfaction mostly due to higher account balances, according to the latest ...

Financial planning

Fiducian Group has signalled continued expansion into the financial planning space alongside leveraging its administration capability to grow its presence in the SMA and ...

Superannuation

Superannuation fund members are being ill-served by the current group superannuation regime and should be made to opt-in, according to insurer, ClearView....

Superannuation

The average SMSF contribution amount tripled in the June, with a 1.8 per cent increase in cash contributions, according to SuperConcepts....

Superannuation

Industry Super Australia is claiming the interests of the big banks have been put ahead of those of consumers under the ATO’s proposed approach to employee selection of s...

Superannuation

Superannuation fund trustees should not be subject to the same penalties that apply to directors of Managed Investment Schemes and should be allowed lee-way for ‘honest m...

Financial planning

While CBA is looking to pay at least $32.3 million in customer and employee review and remediation actions, it does not include all regulatory matters the bank is reviewi...

Superannuation

A National Australia Bank survey showed super funds have changed their approach to currency risk management to adapt to the growing market....

Editorial

The superannuation sector may be facing further consolidation in the wake of the further empowering of the Australian Prudential Regulation Authority, Adam Gee writes....

Superannuation

If industry funds are donating or otherwise transmitting money to trade unions, the Australian Securities and Investments Commission says it won’t necessarily know....

Superannuation

Retail, aged care, community, and labourer workers are among the biggest losers when it comes to missing out on compulsory super contributions....

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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 1 week 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

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 6 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 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 23 hours ago