The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....
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...
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...
Twenty under-performing superannuation funds are facing almost immediate heat-map pressure from the Australian Prudential Regulation Authority and a further 20 will find ...
The regulator’s new tool needs to be refined to include rigorous benchmarks and Choice products, Industry Super Australia believes....
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 ...
Super Consumers Australia research has shown the superannuation system put over 176,000 people into a poor performing MySuper products in 2017-18....
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...
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...
The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....
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...
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....
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...
Superannuation funds have largely ignored the after-tax investing obligations that the Stronger Super reforms embedded into the law, implementation manager Parametric has...
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...
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....