SUPERANNUATION

People & Products

Margaret Cole will oversee APRA’s superannuation activities, while deputy chair, Helen Rowell, will now be responsible for general, life and private health insurance....

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Superannuation

The failure of superannuation funds could become a self-fulfilling prophecy if the Australian Prudential Regulation Authority inappropriately applies the proposed superan...

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Superannuation

The rollout of the COVID-19 vaccine in Australia has allowed superannuation funds to continue to enjoy the continued market recovery, according to SuperRatings....

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Superannuation

The Your Future Your Super reforms shift a reference portfolio from “being usefully operational to being detrimentally behavioural”, the Thinking Ahead Institute believes...

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Superannuation

Along with a benchmark test, the superannuation performance test should also have an independent assessment by a panel of industry experiences, the chairs of major super ...

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Policy & Regulation

Superannuation funds would rather see unclaimed remediation money directed away from charities and consumer groups and towards client’s superannuation accounts via the AT...

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Superannuation

The Government’s Your Future Your Super superannuation performance test needs a collection of multiple metrics rather than a single metric based on a narrow assessment of...

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Superannuation

The superannuation fund performance test needs to test every super product, not just MySuper products, to avoid underperforming funds escape scrutiny, according to a supe...

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Superannuation

While much attention was focused on other elements of its Your Future Your Super legislation, the Government has moved at the same time to impose key obligations with res...

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Superannuation

Industry superannuation funds want the Government’s new Your Future Your Super legislation referred to a Senate Committee claiming it creates an unprecedented over-reach ...

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Superannuation

Members of Parliament earn more super in one term than many retirees can expect to earn during their working lifetime, according to Shadow Minister for Financial Services...

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Superannuation

The first month of 2021 has marked the 10th consecutive month of gains for superannuation funds, according to SuperRatings....

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Financial planning

The Australian Securities and Investments Commission has declared its support for the provision of good quality limited advice while rebutting Government back-bench sugge...

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Policy & Regulation

Major financial services groups are urging the Government to provide incentives for people to top-up their superannuation but there are concerns that a lack of detailed r...

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Policy & Regulation

On the eve of a major superannuation conference, the Australian Securities and Investments Commission has reminded superannuation fund trustees the degree to which they w...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

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

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago