Banking Royal Commission

Superannuation

Both the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have written to super funds asking them to prove they are not...

Financial advice

Consumers can expect improved justice and recourse should they be victims of wrongdoing by the financial services industry as the result of a Senate Committee report hand...

Superannuation

Industry funds need to make sure they learn from the mistakes of retail funds uncovered by the Royal Commission and ensure that the dubious governance practices of the la...

Expert Analysis

Despite the Royal Commission recommending relatively few major changes to the way super funds are operated, it pays for funds to heed the lessons inherent in the spirit o...

Editorial

In the wake of a Royal Commission and Productivity Commission report into superannuation, the funds that will come out on top are those willing to publicly lift the lid o...

Financial advice

The Australian Securities and Investments Commission has been handed tougher penalties with which to pursue people referred to it by the Royal Commission....

Financial advice

IOOF has moved to an 82 per cent economic interest in ANZ Pensions and Investment business despite issues raised at the Royal Commission, while acknowledging a remediatio...

Superannuation

AMP Limited’s full-year results have revealed what its appearance before the Royal Commission has cost in terms of its corporate superannuation business....

Financial advice

A new survey has revealed strong support for removing bank-provided “general” advice from the superannuation equation....

Superannuation

The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...

Insurance

Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...

Superannuation

As the banks face issues with customer satisfaction so too have their associated super funds, with industry funds having increased their customer satisfaction ratings ove...

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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. ...

5 months ago
Kevin Gorman

Super director remuneration ...

5 months 1 week 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 1 week ago

The transition of services took effect last month....

20 hours ago

The newly created role, reporting to the COO, comes amid the fund’s redesign of its operating model....

21 hours ago

The merger, first announced in December 2022, was due to be completed in mid-2024....

22 hours ago