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sole purpose test
Superannuation
Updated guidance on the sole purpose test has been superseded by the Your Future, Your Super legislation, but the Australian Prudential Regulation Authority may still upd...
Expert Analysis
Russell Mason and David Johnson write that improving member outcomes requires helping them with their saving and investments habits, not just their superannuation, someth...
Superannuation
The superannuation industry appears split on whether political advertising represents a breach of the sole purpose test, but most believe the test needs changing, in any ...
Editorial
If both the Royal Commission and the Australian Prudential Regulation Authority are confused about interpreting breaches of the sole purpose test, perhaps it is time for ...
Superannuation
Major consultancy Deloitte has canvassed amending the sole purpose test to bring it up to date and to unfetter what has become a modern and dynamic superannuation industr...
Superannuation
AustralianSuper has defended its financial backing of Industry Super Australia’s ‘fox in the henhouse” advertising campaign arguing that superannuation funds have a right...
Superannuation
A new survey conducted by Super Review has revealed continuing industry support for making the sole purpose test more flexible....
Superannuation
Many superannuation fund trustees and executives believe the sole purpose test should be amended and made flexible to suit today’s business realities....
Superannuation
Broad agreement has emerged within the financial services industry that the Government’s Budget Super Saver Scheme will breach the sole purpose test....
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 ...