mysuper

Editorial

The Australian financial services industry is facing some serious challenges through 2012 – something which Financial Services Council chief executive John Brogden pointe...

Policy & Regulation

PJC fails to agree on FOFA

Coalition dissents on Parliamentary Joint Committee's FOFA report and argues for the abandoning of financial advice opt-in and for changes to best interests....

Editorial

Getting FOFA's timing right

The Government seems determined to bring on parliamentary debate about the FOFA bills well before the May Budget but, as Mike Taylor reports, Financial Services Minister ...

Financial planning

FSC attacks industrial judiciary on modern awards

Financial Services Council accuses industrial judiciary of abrogating its responsibility to create a transparent default superannuation funds system....

Financial planning

FSC attacks industrial judiciary on modern awards

Financial Services Council accuses industrial judiciary of abrogating its responsibility to create a transparent default superannuation funds system....

Editorial

FOFA's missing pieces

Although the process involving the upcoming FOFA reforms commenced a few years ago, the reforms package still looks like an unsolved jigsaw puzzle, writes Pam Roberts....

Superannuation

Stronger Super tranche approach raises concerns

Mercer has expressed concern that the Government has adopted a tranche approach to its Stronger Super legislation....

Superannuation

ASFA wants longer implementation on MySuper

ASFA is arguing that superannuation funds need more time to accommodate the changes flowing from MySuper....

Financial planning

Financial advice amendments sought for MySuper

The Corporate Superannuation Specialists Association has cited research backing its concerns around the provision of financial advice in MySuper funds....

Superannuation

Opposition wants MySuper amended ahead of Productivity Commission

The Federal Opposition says the Productivity Commission's review of default funds under modern awards need not take all year and that the MySuper legislation should be am...

Superannuation

Proposed MySuper regime may prompt short-termism

The Association of Superannuation Funds of Australia urges changes to the MySuper regime, warning existing proposals may prompt trustees to pursue short-term outcomes....

Policy & Regulation

MySuper must be considered with FOFA: CSSA

There is too much crossover between MySuper legislation and Future of Financial Advice (FOFA) legislation for the two to be considered separately, according to the Corpor...

Financial planning

Intra-fund changes fall short of level playing field

Changes to the delivery of intra-fund financial advice preclude recommendations to consolidate superannuation accounts or move from one fund to another, but still fall sh...

Policy & Regulation

Platforms call for FOFA deadline extension

Major platform providers have called for parts of the Future of Financial Advice (FOFA) reforms to be delayed due to lingering uncertainty with respect to grandfathering ...

Superannuation

Insurance in superannuation - what is about to change?

Following the Government's release of the Stronger Super information pack, Jeffrey Scott outlines some of the major changes about to happen with respect to insurance with...