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....
The QAR lead has argued that super funds should help retirees purchase a home, noting that this would be more beneficial than receiving a pension....
New research from ART has found less than a third of women feel their superannuation is in a good position, reiterating the importance of opening up the advice arena to s...
The peak body for the superannuation industry says that intra-fund advice should be widened to cover the transition to retirement....
In response to the government’s consultation on the retirement phase of superannuation, Vanguard Australia said that more personalised retirement solutions would help imp...
In a Treasury submission on the retirement phase of superannuation, the Financial Advice Association Australia has recommended a $2,000 means-tested payment over the next...
With the government moving to clarify the way that superannuation funds can charge members for advice, the question now is how the funds should calculate the fees.Followi...
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacit...
ASIC chair Joe Longo has delivered a blunt warning to superannuation trustees, cautioning that board-level ignorance of member complaints and internal failings will not b...
ART has cautioned regulators against imposing overlapping obligations on superannuation funds already operating under APRA’s comprehensive framework, saying that addition...
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 ...