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. ...

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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...

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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...

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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 ...

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Superannuation

The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own default super funds....

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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...

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Features

Malavika Santhebennur writes that many policy issues that beleaguered the financial services sector in 2015 remained in 2016, and would continue into 2017....

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Superannuation

The Assistant Treasurer, Kelly O’Dwyer, has pointed to around 5000 enterprise agreements which are inappropriately eliminating choice from default super....

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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....

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Superannuation

The Assistant Treasurer, Kelly O’Dwyer, has released the exposure draft of key legislation aimed at opening up default fund choices....

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Superannuation

Australians could be losing out when it comes to their superannuation, due to “complex industrial law” preventing them from leaving default funds....

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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....

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Life/Risk

New FSC chair signals change is inevitable for life/risk remuneration....

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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...

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Superannuation

ISA’s Whiteley claims the existing default funds regime is a safety net sanctioned by three inquiries, including FSI....

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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...

3 weeks ago

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

3 weeks 5 days ago

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

1 month ago

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

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 day 15 hours 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...

19 hours 30 minutes ago