New analysis from Rice Warner has urged super funds to become proactive on post-retirement product development with the aim of becoming a fund for life.
Treating self-managed superannuation funds differently to industry funds with respect to franking credits is un-Australian, according to financial services academic, Professor Deborah Ralston.
The Queensland state secretary of the Construction, Forestry, Mining and Energy Union has called for bank-owned superannuation funds to be ejected from the industry.
Actuarial research house Rice Warner has accused the Productivity Commission of misinterpreting its findings with respect to insurance inside superannuation.
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