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Superannuation
Despite recent cybersecurity attacks to Australia, the nation’s Superannuation Transaction Network is well positioned to withstand cyberattacks....
Policy & Regulation
Industry Super Australia has backed the Australian Taxation Office’s promised crack-down on the misuse of early release superannuation, particularly with respect to tax m...
Financial planning
Nearly 80% of current and prospective retirees failed to get any financial advice during the recent market crash, and one-in-five believe advice is only “for the rich” ac...
Superannuation
The vast majority of eligible Australians should receive early superannuation payments within five business days, according to Australian Prudential Regulation Authority ...
Superannuation
Answers delivered to a key Parliamentary Committee have revealed just what superannuation fund members pay for both comprehensive and intra-fund advice....
Financial planning
Association of Financial Advisers chief executive, Phil Kewin, wants a Choice executive to withdraw a statement suggesting financial advisers can’t be trusted to act in c...
Superannuation
Hostplus has said it has ample liquidity available to support members undergoing financial hardship due to COVID-19 but warned it would substantially reduce member’s fina...
Financial planning
Unemployment in Australia could reach 11% by June, according to Westpac chief economist Bill Evans, up from its original forecast of 7%, in light of the “extraordinary ti...
Superannuation
The Government needs to rethink its approach to hardship early access to superannuation to ensure the criteria is tightened and the possibility of rorting removed, accord...
Superannuation
The Government will allow financially-stressed individuals to access tax-free of up to $10,000 of their superannuation in 2019-20 and a further $10,000 in 2020-21....
Superannuation
There will be no income or assets tests for individuals who are eligible for early release of superannuation, which was announced on Sunday as a part of the government’s ...
Superannuation
The Government has announced that workers who lose their jobs will be able to drawdown $10,000 from their superannuation to cover losses caused by COVID-19. ...
Superannuation
Relaxing the taper rate on the Age Pension and increasing rent assistance will do more for retirement income than increasing the SG, the Grattan Institute believes....
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....
People & Products
Alexis Rouch has been appointed as chief technology officer by the self-managed superannuation fund software company, as it undergoes a transformative business strategy....
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Podcast
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...