Taxation of unrealised gains and forced sale of illiquid assets are the top concerns that a group of independent MPs has highlighted amid calls for amendments to the $3 m...
The industry body has recommended an approach that recognises unique advice needs, noting current super regulation and legislation is “overwhelmingly designed with simple...
The software firm has completed its investigation of the breach to its GitHub user space in May....
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”....
The financial services software company announced it detected unauthorised access of its GitHub user space over the weekend....
Superannuation funds have thrown their support behind the QAR reforms but want a “clear statement” that they will not be required to check all member SOAs....
In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”....
While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...
In a Senate submission, the Financial Services Council said super funds should be able to nudge members on engaging with their super and has cautioned against default pla...
QAR lead Michelle Levy says there are conflicts between a super fund acting as a trustee and providing advice....
APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the s...
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer. ...
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency expos...
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 ...