SUPERANNUATION

Superannuation

The Financial Services Council has welcomed the Senate’s passage of superannuation bills which will reduce fees charged on low balance MySuper accounts....

image
Superannuation

The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...

image
Superannuation

A key parliamentary committee has questioned the future of ANZ’s sale of the OnePath pensions and investments business to IOOF....

image
Superannuation

The recommendation from the Royal commission to introduce a last resort compensation scheme for consumers suffering a financial loss from advice failures is a win for SMS...

image
Superannuation

Defined contribution assets in pension markets have overtaken defined benefit assets for the first time in what could be construed as a vote of confidence in Australia’s ...

image
Superannuation

Industry Super Australia has called on politicians to put super fund members’ interests above politics in Parliament this week and debate and pass proposed laws to improv...

image
Funds management

The Australian Custodial Services Association has announced today that it will facilitate an industry taskforce approach to improving inefficiencies in servicing managed ...

image
SMSF

The Royal Commission has laid groundwork to improve the financial services sector and build a more trusted industry, according to the SMSF Association....

image
Financial planning

The Royal Commission has recommended the deduction of any advice fee other than intra-fund advice from a MySuper account be prohibited, while their deduction from choice ...

image
Financial planning

Big industry fund AustralianSuper has expressed concern about the consequences for superannuation funds if they are asked to offer members complex post-retirement product...

image
Superannuation

A number of corporate superannuation mandates may change hands if particular companies are named and shamed in the Royal Commission’s final report, with serious contingen...

image
Superannuation

A superannuation fund has been censured and ordered to compensate a member for unduly delaying a rollover to his self-managed superannuation fund....

image
Superannuation

The ‘top ten’ list of default funds doesn’t adequately respond to the issues with multiple accounts or underperforming super funds identified by the Productivity Commissi...

image
Superannuation

The Productivity Commission has been accused of choosing a political decision on superannuation rather than member best interest....

image
Superannuation

SuperConcepts has revealed a study which indicates the top 10 exotic self-managed super fund assets and why trustees typically make investments in those assets....

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

1 week 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 4 days ago