TIM WILSON

Superannuation

Government backbenchers have pointed to evidence that AustralianSuper chief executive, Ian Silk, spoke to a critic of the Victorian Government COVID-19 lockdown as eviden...

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Financial planning

The cost of providing advice to members is "commercially sensitive” and releasing it would not be in the best interests of members, according to major health industry sup...

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Superannuation

Major industry superannuation fund company, Industry Super Holdings has confirmed that it sits at the top of what amounts to a billion dollar financial services enterpris...

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Superannuation

The Australian Prudential Regulation Authority has failed in its obligation to enforce the sole purpose test over the use of superannuation fund monies, according to a Li...

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Financial planning

AMP was both legally and morally within its right to amend buyer of last resort arrangements which had become commercially unsustainable, according to the company’s chief...

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Financial planning

Big industry fund Hostplus has detailed to a Parliamentary Committee an eight-fold increase in comprehensive advice fees over just five years....

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Policy & Regulation

The chair of a key Parliamentary Committee has raised the Australian Securities and Investments Commission’s errors within its controversial SMSF factsheet among errors t...

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Superannuation

AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superan...

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Superannuation

Major superannuation funds are being asked to explain whether they have needed to provide either liquidity or cash to REST and HostPlus....

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Financial planning

The chairman of a key Parliamentary Committee has suggested to the Financial Adviser Standards and Ethics Authority that it should be subject to the oversight of a specif...

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Superannuation

The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation Office, far lower than the $13,900 quoted in a recent SMSF fa...

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Financial planning

The Australian Securities and Investments Commission has hit out at ME Bank over the “disappointing” way it handled its problems over client mortgages and said it has had...

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Financial planning

A key parliamentary committee has received more evidence about how industry superannuation funds are delivering financial advice and what it cost. ...

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Funds management

Industry funds-owned IFM Investors has maintained its relative silence on how it remunerates its executives, arguing that a key parliamentary committee is seeking more in...

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Funds management

Despite the insistence of a key Federal Parliamentary Committee, IFM Investors has steadfastly declined to reveal how much it pays its investment executives, even when th...

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The judge was quite undrstanding! THEN AASSIICC comes along and closes him down!All you 15600 people who work in the bu...

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JOHN GILLIES

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The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

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