Australia’s fund management industry has grown significantly to $4.3 trillion in FUM, however complex regulatory policy prevents the nation from properly competing with i...
The annual superannuation performance test results are just days away and some Choice options will also be under the microscope for the first time, writes Craig Day....
The FAAA has warned advisers to be alert if their clients are in an underperforming super fund as this month’s APRA performance test is increased to certain trustee-direc...
Now is a difficult time to be a fund manager, according to Maple-Brown Abbott chief executive, Sophia Rahmani, with the firm focusing on distribution to financial adviser...
ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....
Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....
The prudential regulator has published its annual MySuper heatmap along with the first Choice heatmap....
Shadow assistant treasurer, Stephen Jones, says he agrees with superannuation performance testing but that he will review the Your Future, Your Super benchmarking metrics...
The Your Future, Your Super reform overlooks different investment approaches a trustee might take, including environmental, social and governance investing, according to ...
Data from the prudential regulator has found members of underperforming super funds are not moving in significant numbers, despite receiving communication about the perfo...
Forty MySuper products resubmitted material data in relation to the Your Future, Your Super performance test. ...
The draft legislation will codify the obligation for superannuation trustees to have a retirement income strategy which outlines how they plan to assist their members....
Advisers will have the opportunity to show their value as the performance test will be a catalyst for member engagement....
The funds that failed the performance test need to figure out their options by the end of the year and most funds will likely not recover. ...
The prudential regulator has released its performance test results but an industry association has urged consumers to treat the results with “extreme caution”....
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....