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ASIC
Superannuation
A major industry superannuation fund has called for defined benefit funds to be excluded from the Government’s proposed new product intervention powers for the Australian...
SMSF
The Australian Securities and Investments Commission has urged the mandating of a minimum balance for self-managed superannuation funds and a ban on limited recourse borr...
Insurance
The Financial Services Council has called on financial institutions to improve their response time to incidents, saying that action was urgently needed if they were going...
Superannuation
Advice ensures insurance is not lost, especially when the establishment of a self-managed superannuation fund is involved, according to wealthdigital. ...
Superannuation
Most financial planning groups may have signed up with the new Australian Financial Complaints Authority, but superannuation funds appear to be dragging their feet....
News
A Parliamentary Committee has been told that public servants working within the Australian Securities and Investments Commission are eligible to earn bonuses, but at leas...
News
The Australian Securities and Investments Commission has told a Parliamentary Committee it is funded and willing to pursue bannings in the financial adviser space....
Superannuation
Royal Commission questions regulatory capability of both the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority where sup...
Insurance
The Australian Securities and Investments Commission has declared that the lack of compulsion around the insurance inside superannuation code represents a ‘significant we...
Superannuation
The Australian Securities and Investments Commission has noted the absence of a ‘best interests’ obligation on employers when selecting default superannuation and the lac...
Superannuation
The Superannuation Consumers’ Centre has welcomed a $2.5 million funding burst stemming from regulatory action against two major banks, enabling it to be fully operationa...
Superannuation
Industry Super Australia has welcomed a report on RG97 as a “thorough and considered study of a complex area” but says that more needs to be done to address exemptions fo...
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 ...