superannuation trustees

Superannuation

ASIC identifies inconsistencies in fee disclosure

Superannuation funds risk falling foul of new legislation due to inconsistent fee and cost disclosure practices, an ASIC report reveals....

Superannuation

Palmer’s LISC backing applauded

Superannuation bodies have welcomed the move from the Palmer United Party to save the Low Income Superannuation Contribution (LISC) scheme....

Superannuation

SG freeze gets cold reception

Peak superannuation bodies have given the cold shoulder to the decision to freeze the superannuation guarantee rate in this year’s federal Budget to 9.5 per cent until Ju...

Superannuation

Disappointment at SG extension

AIST disappointed that the superannuation guarantee rise will be delayed a further 12 months....

Superannuation

Call for retirement income adequacy index

A roundtable has agreed that Australia needs a Government-sanctioned retirement incomes adequacy index and a shift from lump sums to income streams....

Superannuation

Final MySuper legislation delay “sensible”: AIST

Superannuation industry bodies have welcomed the deferral of the start date for the choice product dashboard by 12 months. ...

Superannuation

AIST slams “ad hoc” age pension changes

The Australian Institute of Superannuation Trustees (AIST) has expressed its concern over the Federal Government’s “ad hoc” decision on retirement income policy....

Superannuation

AIST continues push on conflicted remuneration

AIST has used its initial FSR submission to continue its push against conflicted remuneration, particularly asset-based fees....

Financial planning

Elana Rubin receives lifetime achievement award

Former AustralianSuper chair and now NAB/MLC director receives AIST Trustee Lifetime Achievement Award. ...

Superannuation

Warning on costs attaching to portfolio disclosure

Fund manager warns of costs and the potential for knee-jerk changes associated with a portfolio disclosure regime....

Superannuation

Code of ethics for AIST members

Amid the Government’s push on superannuation governance arrangements, AIST has produced a code of conduct and ethics....

Financial planning

AIST president becomes chair of CareSuper

AIST president and chair of CareSuper, Cate Wood, has been appointed to replace Sandy Grant as chair of CareSuper....

Superannuation

Higher illegal early release penalties welcomed

New legislation has lifted the penalty regime around illegal early release super schemes....

Superannuation

FWC president acts on conflicts of interest claims

The president of the Fair Work Commission has acted on claims of conflict of interest against members of the special panel appointed by Bill Shorten. ...

Policy & Regulation

ASFA takes low profile on FOFA changes

ASFA has differentiated itself from the other major super organisations by not buying into the FOFA debate beyond supporting the retention of intrafund advice. ...