SUPERANNUATION

INDUSTRY NEWS

Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to acc...

INDUSTRY NEWS

OnePath Custodians has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product....

INDUSTRY NEWS

With SuperRatings estimating a 0.2 per cent loss on the median balanced option in May, advisers are encouraged to temper client expectations on their super fund returns. ...

INDUSTRY NEWS

The registrations of 29 self-managed superannuation fund auditors have been cancelled by ASIC for failing to lodge annual statements....

INDUSTRY NEWS

Minister for financial services, Stephen Jones, has reacted to the news of AustralianSuper’s refund for tens of thousands of members, stating the breach is “unacceptable”...

INDUSTRY NEWS

Around 100,000 AustralianSuper members could receive refunds as the fund sets aside $70 million after a processing failure regarding multiple member accounts....

INDUSTRY NEWS

Future Super has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action again...

INDUSTRY NEWS

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling c...

INDUSTRY NEWS

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, descri...

INDUSTRY NEWS

ASIC has banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...

INDUSTRY NEWS

The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...

INDUSTRY NEWS

The Government has released the consultation paper for the definition of superannuation, putting forward one proposed objective and two alternatives....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 weeks 1 day ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 1 week ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

1 week 6 days ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

1 week 2 days ago

Specialist wealth platform provider Mason Stevens has become the latest target of an acquisition as it enters a binding agreement with a leading Sydney-based private equi...

1 week 1 day ago