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YOUR FUTURE YOUR SUPER
Financial planning
The extension of the APRA performance test to trustee-directed products could lead to difficult conversations for advisers if tax events mean their clients are unable to ...
Superannuation
Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to acc...
Superannuation
The corporate regulator has been probed on if it has been investigating whether Industry Super Australia engaged in misleading or deceptive conduct regarding claims of su...
Funds management
The big four bank expects its remediation program related to financial advice is “largely finalised” although it has provision to pay out a further $1.14b in total remedi...
Superannuation
The industry superannuation fund has not entered into any new sponsorship agreements since the Your Future, Your Super legislation and does not believe any of its sponsor...
Editorial
The ‘pass’ or ‘fail’ mark of a superannuation fund can be construed as a rubber stamp of approval or disapproval from the Government so it is on them, along with super fu...
Superannuation
The corporate regulator will act if it sees false, misleading or deceptive conduct in member disclosures of all super funds – not just those that failed the performance t...
Superannuation
The prudential regulator is open to improving the system, particularly as it expects to include Choice products next year, but it wants to keep it simple for consumers....
Superannuation
The corporate regulator intends to monitor members from underperforming super funds from being swayed into an untested fund that is in reality performing worse, however i...
Superannuation
Trustees will be too focused on outperforming the measure rather focusing on member outcomes, according to an industry fund....
Superannuation
The move to include administration fees into the government’s Your Future, Your Super performance test will enhance member returns, according to an association....
Superannuation
The registration of regulations to support the Your Future, Your Super reforms has been completed, while Portfolio Holdings Disclosure regulations will be finalised in th...
Policy & Regulation
The Government’s resources would be better put to use exploring the regulatory impact on consumers and funds from continuous tinkering to the system rather than on capita...
Superannuation
The corporate watchdog will be checking communications from responsible superannuation entities to beneficiaries of MySuper funds that fail the Your Future, Your Super pe...
Superannuation
A second failure of the You Future, Your Super performance test the next year was even higher as it would include nearly 90% of the same data, according Parametric Portfo...
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MARKET INSIGHTS
Podcast
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....