SUPER CONSUMERS AUSTRALIA

Features

The Australian Law Reform Commission’s inquiry into the simplification of financial services legislation is expansive, multi-phased and worthy of unpacking, Liam Cormican...

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Financial planning

The financial threshold test should be removed, according to Super Consumers Australia and a leading consumer advocacy lawyer, as measuring net worth is an unreliable ind...

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Policy & Regulation

Eight consumer groups have united with eight industry bodies in opposition to the compensation scheme of last resort (CSLR) legislation in its current form....

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Policy & Regulation

Consumer bodies have joined the financial adviser bodies and the Federal Opposition in voicing their displeasure with the proposed draft legislation for the compensation ...

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Superannuation

It is now officially illegal to hawk a member of a MySuper product into a choice product offered by the same fund and this will ultimately boost retirement savings of Aus...

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Financial planning

The Financial Planning Association has echoed the Association of Financial Advisers in calling on Choice to retract derogatory comments about financial planners....

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Financial planning

A coalition of consumer groups have warned that accessing early release superannuation should be a last resort, suggesting that they talk to a financial counsellor rather...

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Policy & Regulation

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

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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

Super Consumers Australia is launching a ‘people’s advocate’ in the super sector to improve the system for low to middle income people....

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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...

1 month 3 weeks ago

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

1 month 4 weeks ago

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

2 months ago

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

2 weeks 1 day ago

Original bidder Bain Capital, which saw its first offer rejected in December, has returned with a revised bid for Insignia Financial....

1 week 1 day ago

The FAAA has secured CSLR-related documents under the FOI process, after an extended four-month wait, which show little analysis was done on how the scheme’s cost would a...

6 days 8 hours ago