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PRODUCTIVITY COMMISSION
Superannuation
Federal Treasurer, Scott Morrison has attacked industry default funds as being little more than a fire hose of members’ money for which the funds themselves do not even h...
SMSF
The Productivity Commission’s finding that many people have their superannuation in underperforming funds also extends to self-managed super funds, according to SMSF Benc...
Superannuation
The Minister for Revenue and Financial Services, Kelly O’Dwyer has urged the Royal Commission to take a look at the issues raised in the Productivity Commission’s latest ...
Superannuation
The Productivity Commission’s draft report into superannuation is a “timely reminder” to self-managed super fund trustees to pay close attention to fees and costs, the SM...
Superannuation
The new proposals from the Productivity Commission to overhaul superannuation default funds do not go far enough, according to Stockspot....
Superannuation
The Productivity Commission has delivered a draft report on superannuation competitiveness and efficiency which delivers on the Government’s terms of reference with respe...
Superannuation
Industry Super Australia has presented new research to the Productivity Commission claiming retail funds are dragging down the value of the super industry by as much as $...
Superannuation
The rhetoric around the industry versus retail funds debate appears to have overshadowed years of cooperation between the two industry segments, according to a submission...
Superannuation
Industry Super Australia has told the Productivity Commission that retail fund excuses about member demographics and investment choice do not stand up to scrutiny....
Financial planning
The Australian Banker’s Association has backed extracting product recommendations from the delivery of advice....
Financial planning
Replacing the term ‘general advice’ represents a positive step but it may need to be replaced by multiple terms and arrangements, according to the Australian Securities a...
Financial planning
The Financial Services Council has urged the Productivity Commission to broaden its “very narrow” definition of vertical integration to make its recommendations more appr...
Policy & Regulation
In the midst of a Productivity Commission inquiry into competition in financial services, the Government has proposed measures to make the Australian Securities and Inves...
Financial planning
The Financial Planning Association has told the Productivity Commission that product manufacturers should no longer enjoy the licensing exemption which allows them to giv...
Financial planning
The Insurance Council of Australia has told the Productivity Commission that general insurance agents feel hamstrung by the personal advice rules and want more flexibilit...
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Podcast
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....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...