Government under fire over industry superannuation favouritism
The Government's apparent favouritism of industry superannuation funds is attracting increased criticisms from the financial planning industry including, most notably, the Financial Planning Association's Mark Rantall. The criticism comes as Federal Opposition Senator David Bushby called for greater accountability from APRA in the wake of controversy surrounding MTAA Super. All this and more in the latest digital edition of Money Management.
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The financial services technology firm has officially launched its digital advice and education solution for superannuation funds and other industry players.
The ETF provider has flagged a number of developments as it formally enters the superannuation space through a major acquisition.
While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties.
Iress has appointed Insignia Financial’s former general manager of master trust and insurance products as its newest CEO of superannuation, who will take over from Paul Giles.
