YFYS

Superannuation

The Your Future, Your Super performance test will only disclose to superannuation funds whether they had passed or failed and would not give any value indications. ...

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Policy & Regulation

The Government has included changes to the way portfolio holdings should be organised and what format they should be displayed in. ...

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Financial planning

Already having difficulties accessing advice, stapling could add to the challenges younger generations face in getting the right financial products....

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Superannuation

The Your Future, Your Super regulation will finally make the much-debated stapling measurements a “reality” for members and encourage competitiveness between superannuati...

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Superannuation

Industry Super Australia say changes on the performance test is a backflip by the Government, while AMP praised the move as they believe funds will be judged on their cur...

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Superannuation

While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...

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Superannuation

The Your Future, Your Super bill has now been passed in the Senate and will come into force on 1 July, 2021. ...

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Superannuation

The Australian Prudential Regulation Authority will start collecting data on annual payments to industry associations by registrable superannuation entities from 1 July, ...

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Policy & Regulation

The Government’s attempts to give itself a brake on industry funds investment decisions appears headed for significant amendment in the Senate. ...

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Superannuation

AMP Limited has joined the chorus of industry voices pointing to the significant unintended consequences likely to flow from its superannuation legislation and calling or...

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Superannuation

The Government’s Your Future Your Super superannuation performance test needs a collection of multiple metrics rather than a single metric based on a narrow assessment of...

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Superannuation

The superannuation fund performance test needs to test every super product, not just MySuper products, to avoid underperforming funds escape scrutiny, according to a supe...

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Never miss the latest news and developments in wealth management industry

Chris Cornish

By having trustees supervise client directed payments from their pension funds, Stephen Jones and the federal Labor gove...

1 day 2 hours ago
Chris Cornish

Now we now the size of Stephen Jones' CSOLR tax, I doubt anyone will be employer any new financial adviser from this poi...

1 day 2 hours ago
JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

1 day 21 hours ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

10 months ago

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

10 months 1 week ago