MYSUPER

Financial planning

The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....

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Superannuation

Trustees of the worst performing products have been contacted by the Australian Prudential and Regulation Authority to provide action plans on how they will address ident...

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Superannuation

Australian super funds that invest responsibly tend to outperform their peers since responsible investment is no longer at the perimeter of investment philosophy, a study...

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Superannuation

Twenty under-performing superannuation funds are facing almost immediate heat-map pressure from the Australian Prudential Regulation Authority and a further 20 will find ...

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Superannuation

The regulator’s new tool needs to be refined to include rigorous benchmarks and Choice products, Industry Super Australia believes....

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Policy & Regulation

APRA’s heatmap will include four investment performance measures that reflect the level of growth or defensive assets and trustees will have no excuse as to why a metric ...

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Superannuation

Super Consumers Australia research has shown the superannuation system put over 176,000 people into a poor performing MySuper products in 2017-18....

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Superannuation

The Australian Prudential Regulation Authority has predicted a backlash from super funds in the event it publicly names superannuation funds it deems to be underperformer...

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Life/Risk

The Financial Planning Association has given its backing to the standardisation of terms and definitions with respect to insurance with MySuper products but has caused ag...

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Policy & Regulation

The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....

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Superannuation

The standardisation of group insurance terms and conditions could help achieve some of the Banking Royal Commission’s recommendations, a leading insurance law firm has sa...

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Financial planning

AMP Limited has released its first quarter cash flows data and revealed the extent to which it is still seeking to recover from its Royal Commission challenges....

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Life/Risk

The Association of Financial Advisers has told Treasury that insurance inside superannuation is of lesser quality than advised insurance, with there being an important tr...

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Superannuation

Superannuation funds have largely ignored the after-tax investing obligations that the Stronger Super reforms embedded into the law, implementation manager Parametric has...

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Superannuation

ASIC is putting the public’s retirement savings at risk and “kicking the can down the road” in deferring disclosure requirements on Choice products, a major industry body...

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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. ...

5 days 19 hours 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 10 hours ago

A former Brisbane financial adviser has been charged with 26 counts of dishonest conduct regarding a failure to disclose he would receive substantial commission payments ...

4 weeks 1 day ago