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ASIC
Superannuation
Superannuation funds have been delivered another 12 months’ breathing space on reporting portfolio holdings simply because the Government has not made the necessary regul...
Insurance
Superannuation trustees might fail legal obligations if they do not ensure premiums charged to members are based on appropriate statistical assumptions, according to the ...
SMSF
In an unusual move, the Australian Securities and Investments Commission is taking civil action in the Federal Court to force a Gold Coast self-managed superannuation fun...
Superannuation
Up to a third of superannuation fund members find themselves ‘confused and overwhelmed’ with respect to insurance inside superannuation and could use the help of a financ...
Financial advice
The corporate watchdog’s consultation paper is an important step forward but the limited licence regime needs to be redesigned to provide scaled advice for self-managed s...
Superannuation
The Australian Securities and Investments Commission is investigating a range of investment switches undertaken by trustees and executives of major superannuation funds....
SMSF
The corporate regulator’s ban on Perth self-managed super fund adviser Wayne Blazejczyk has been upheld by the Administrative Appeals Tribunal....
Superannuation
The complaints authority has proposed a change to its rules to allow the Australian Financial Complaints Authority to accept and consider complaints that are not resolved...
Financial advice
Industry funds are urging more clarity from the regulators on what can be delivered via limited and intrafund advice while canvassing the ability to bill members in three...
Superannuation
The Federal Court has ordered Secure Investments and Aqulia Group to wind up after it found Secure Investments and its director Mudasir Naseeruddin had breached the Corpo...
Financial advice
Superannuation funds identified as having delivered advice which might be detrimental to their members were asked to do no more than put it right and confirm they had don...
Institutional investment
The Australian Financial Complaints Authority has no alternative but to make referrals to either the Australian Securities and Investments Commission or the Australian Pr...
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 ...