The corporate regulator has commenced its third civil penalty proceedings for alleged greenwashing, with the super fund holding investments in Russia when it had listed i...
With three-quarters of Australians viewing data breaches as one of the biggest privacy risks today, the amount of data requested and handled by their super fund remains a...
APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas....
ASIC has revealed the number of its enforcement outcomes that related to superannuation misconduct in the first half of 2023, including its first interim stop orders....
The corporate regulator has taken civil action against an unlicensed director for offering clients at least 25 unregistered property investment opportunities either perso...
Two unions and the Australian Council on Trade Unions have been formally warned by ASIC that its member communication around three super funds need to avoid breaching fin...
The regulator has reached out to the Insurance Council of Australia, Council of Australian Life Insurers, and Financial Services Council about its review of over 100 TMDs...
Two RSE licensees are exploring digital planning services and a third is considering a digital advice tool, but the latest APRA/ASIC thematic review has suggested several...
One year into its implementation, a joint ASIC/APRA thematic review has found trustees need to make more progress on enhancing retirement outcomes for members under the R...
The corporate regulator has pulled up super trustees on their efforts to consolidate duplicate member accounts after a review found poor practices in both industry and re...
A fund member has raised concerns about HESTA’s representations of its climate credentials and engagement strategy, which may amount to misleading and deceptive conduct. ...
The corporate regulator’s review of 12 superannuation trustees found all but one failed to ensure their practices or disclosure aligned with their obligations in dealing ...
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 ...