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HESTA has welcomed the decision by AGL to scrap its de-merger plan, after spending an estimated $160 million, and the chief executive and chairman resigned....
INDUSTRY NEWS
Superannuation funds have a role to play in providing advice as research by KPMG has found those members who sought advice were less likely to switch funds during market ...
INDUSTRY NEWS
The merger between BT Super and Mercer will help advance Mercer on its mission to be the best superannuation fund in the market while members could see more than 25% fee ...
INDUSTRY NEWS
Progress to gender financial equality saw the worst start to a year in a decade despite a significant win in superannuation savings for women, according to the latest Fin...
INDUSTRY NEWS
Wilson Asset Management founder, Geoff Wilson, has written to both political parties to seek understanding there will be no changes to superannuation rules following the ...
INDUSTRY NEWS
APRA chair, Wayne Byres, says the regulator is eyeing sub-standard superannuation products and practices through a combination of the performance tests, heatmaps and a “m...
INDUSTRY NEWS
Comprehensive advice offerings in superannuation funds have seen a steady decline over the last few years in favour of referral process while scaled advice has stayed fai...
INDUSTRY NEWS
Only 10% of superannuation members want to be referred to an adviser before they retire, while 50% want information to help them choose a retirement income solution, acco...
INDUSTRY NEWS
The introduction of standards has failed to prevent delays when rolling over funds from APRA-regulated funds to self-managed superannuation funds, according to the SMSF A...
INDUSTRY NEWS
The Retirement Income Covenant (RIC) may set a benchmark when it comes to what is good practice for retirement strategy without diminishing the value offered by financial...
INDUSTRY NEWS
The SMSF Association has called for a bipartisan approach to the non-arm’s length expenditure rules, strongly arguing in favour of them being appropriately targeted and f...
INDUSTRY NEWS
Superannuation funds are questioning the methodology used for Choice heatmaps, according to the Australian Prudential Regulation Authority, days after Treasury questioned...
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So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...