ASFA

Superannuation

The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with thei...

Financial planning

Australians aged 18–34 years old are demonstrating a higher degree of trust in social media-sourced advice over professional financial advisers, according to ASFA....

Superannuation

The number of individuals with more than $3 million in super is expected to increase by 45 per cent to 80,000 by 2025, according to ASFA....

Superannuation

The amount needed to set aside for a comfortable retirement continues to grow, as Finder indicates the figure is approximately double what Australian retirees will actual...

Superannuation

New analysis by the Association of Superannuation Funds of Australia has looked into which Australian states have the biggest, and smallest, average superannuation balanc...

Superannuation

The cost of providing a Statement of Advice to superannuation fund members is thousands of dollars more than for a Record of Advice, according to ASFA, and consumers find...

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Financial planning

Superannuation should not be used as a “piggy bank” to solve the housing crisis, industry experts believe, as the Coalition announces plans to let first-home buyers acces...

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Financial planning

Access to high-quality advice for consumers will be a key priority for the Labor government, according to shadow minister for financial services, Stephen Jones. ...

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Financial planning

Industry associations have welcomed the Federal Budget for providing stability by leaving superannuation unchanged but believe mums will be left behind....

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Superannuation

While many struggle with low superannuation balances, there is one self-managed super fund with more than $544 million in assets, according to Australian Taxation Office ...

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Superannuation

The SupaWomen campaign aims to help women obtain superannuation during parental leave and ensure they have access to education to learn about investing for retirement....

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Financial planning

Member engagement and age are two factors which could be considered in future iterations of the superannuation performance test, according to the Association of Superannu...

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Superannuation

Changes to the superannuation portfolio holdings disclosure regulations will achieve greater transparency for consumers, according to the Association of Superannuation Fu...

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Superannuation

With increased regulatory change along with growth, superannuation funds have increasingly inhoused investment functions meaning there has been more immediate knowledge o...

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Superannuation

The removal of the threshold is expected to benefit around 300,000 people, of whom about 63% are female....

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MARKET INSIGHTS

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

1 month 3 weeks ago

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

1 month 4 weeks ago

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

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 1 day ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 1 day ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

6 days 16 hours ago