From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...
Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest m...
Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region....
While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...
Mr Petrou's comments ignore the fact that superannuation trustees have an inherent conflict when it comes to assisting member's who are pursuing insurance claims through their funds. The trustees also have an obligation to preserve the fund and act in the interests of all members. Trustees are simply not in a position to give individualised legal advice to a member in that member's best interests. If superannuation trustees are giving legal advice to their members then they are stepping outside the bounds of their area of expertise. If members are engaging lawyers to assist them then trustees have a duty to cooperate with those lawyers as part of their obligation under the SIS Act to assist members with their claim. Encouraging people not to seek independent legal advice tailored to their own individual situation is not assisting that member with their claim and in fact is doing the opposite.