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DEFAULT FUNDS
Superannuation
The New Zealand government has decided fossil fuels will be banned from KiwiSaver funds in line with the desires of its citizens. ...
Financial planning
A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...
Superannuation
Making her first official address as Assistant Minister for Superannuation, Senator Jane Hume has today confirmed that the Morrison Government intends to return to the Pr...
Superannuation
The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...
Superannuation
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own default super funds....
Superannuation
Industry Super Australia said it was surprised by Kelly O’Dwyer’s reaction to its advertising campaign on banks moving into super, saying it demonstrated a lack of balanc...
Features
Malavika Santhebennur writes that many policy issues that beleaguered the financial services sector in 2015 remained in 2016, and would continue into 2017....
Superannuation
The Assistant Treasurer, Kelly O’Dwyer, has pointed to around 5000 enterprise agreements which are inappropriately eliminating choice from default super....
Superannuation
A roundtable has concluded that the success of MySuper combined with more proactive industry funds makes it safe to remove default funds from industrial awards....
Superannuation
The Assistant Treasurer, Kelly O’Dwyer, has released the exposure draft of key legislation aimed at opening up default fund choices....
Superannuation
Australians could be losing out when it comes to their superannuation, due to “complex industrial law” preventing them from leaving default funds....
Superannuation
ISA will continue to push back against banks moving into the default super fund space with an advertising campaign urging employers to not pick banks for default funds....
Life/Risk
New FSC chair signals change is inevitable for life/risk remuneration....
Editorial
The industry funds are seeking to play the consumer protection card in their defence of the default funds under modern awards regime but the real beneficiaries of the sta...
Superannuation
ISA’s Whiteley claims the existing default funds regime is a safety net sanctioned by three inquiries, including FSI....
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Podcast
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....