Financial advice

Financial advice

The Association of Superannuation Funds of Australia has made clear to ASIC that superannuation funds want advice fee consent arrangements with financial advisers to be k...

Financial advice

Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds. ...

Financial advice

The High Court has unanimously held the Michael Christodoulou King was an officer of MFS Ltd (Octaviar) subsidiary MFS Investment Management and is therefore responsible ...

Financial advice

The deduction of any fees for personal advice from a MySuper account should be limited to non-ongoing super-related advice for MySuper members, the Australian Institute o...

Financial advice

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

Financial advice

Colonial First State has announced fee reductions on the back of a program which will see the removal of grandfathered conflicted remuneration and insurance-related advis...

Financial advice

The Treasurer, Josh Frydenberg, faces a fight from the financial planning industry as he seeks to move forward on implementing a Royal Commission recommendation banning t...

Financial advice

Limited licenced advisers need to make sure they do not verbally give switching advice to clients even if it is undocumented as this would breach best interests duty, acc...

Financial advice

Retiree couples aged around 65 spent $1,292 more and singles $829 more over the last year, largely due to the drought, according to data....

Financial advice

The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....

Financial advice

The new design and distribution obligations regime could increase costs that could be passed onto consumers, according to a law firm....

Financial advice

Regulatory settings on financial advice are not always helpful for super members and the industry needs a body to look at the interconnected policies, systems and governm...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

5 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

5 months ago

The research house has offered a silver lining after super fund returns saw the end of a five-month streak last month....

12 hours ago

A survey of almost 6,000 fund members has identified weakening retirement confidence, particularly among those under 55 years of age, signalling an opportunity for super ...

12 hours 53 minutes ago

The Financial Services Minister says the amendments to the SIS Act within the first QAR bill will “clarify the law to affirm the status quo”....

13 hours 59 minutes ago