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ASIC
Superannuation
If there is a post on a superannuation fund’s social media platform from a member about withdrawing communication consent the fund must take steps to ascertain the poster...
Superannuation
The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....
Superannuation
Direct super fund investments in ASX 200 companies have doubled in the last five years and are expected to reach $157 billion by 2025, according to the corporate regulato...
Financial advice
The corporate and prudential regulators have put superannuation trustees on notice that they can expect a further follow up on their advice fee practices and that they ex...
SMSF
The corporate regulator has disqualified the self-managed super fund auditor registration of Gordon Shrubsole for breaching independence and auditing standards....
Superannuation
Product definitions, the MySuper exemption, and whether clearing houses are captured or exempted are some of the issues trustees are encountering when applying the new de...
Superannuation
A second stage as part of the super test benchmark is needed to avoid relying on automation which could create issues similar to that of the Robodebt saga, according to t...
Institutional investment
Changes to disclosure measures under the Treasury Laws Amendment (2021 Measures No.1) Bill could be a “green light for more reckless behaviour”, according to the Australi...
Financial advice
The SMSF Association has welcomed the establishment of the single disciplinary system for advisers but said the Government needs to reshape some of the proposed measures....
Financial advice
The Australian Securities and Investments Commission has confirmed it is closely monitoring the delivery of financial advice by superannuation funds against the terms of ...
Features and Analysis
Many of the objectives of the Government’s changes to insurance in superannuation may have been laudable but one of the outcomes has been higher premiums and higher costs...
Superannuation
The Australian Securities and Investments Commission has made clear how it sees the controversial reversal of the evidential burden of proof playing out around the propos...
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 ...