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ASIC
Superannuation
The Australian Securities and Investments Commission has revealed how hard it is pressing to halve the dispute resolution timeframes applying to super funds....
Superannuation
A breakdown in internal procedures has seen license conditions imposed on NAB’s superannuation trustee relating to MLC Masterkey products....
Superannuation
The Government needs to address the resourcing of the SCT irrespective of any move to a new EDR model....
Superannuation
ASIC’s extension of fee and cost disclosure requirements for super trustees will assist the industry to increase transparency, ASFA believes....
Financial advice
A fundamental challenge for super funds using digital advice is the ability to define the scope and parameters of their advice offering, and how to manage conflicts, Deci...
Superannuation
The Superannuation Complaints Tribunal has urged the Government to cut it loose from ASIC’s budgetary apron-strings....
Insurance
It is vital to have a better understanding of the underlying drivers behind the variations in the claims handling process of insurance, AIST believes....
SMSF
Property developer, LT Management, has been slapped with a $10,800 infringement notice for false representations that establishing an SMSF would be free. ...
SMSF
ASIC has simplified the registration process for prospective SMSF auditors, to reduce red tape and save time for applicants....
Superannuation
Retail super fund, Living Super, will compensate $5.38 million to 24,500 members after ASIC found their promotional material to be misleading....
SMSF
ASIC has cancelled the registration of 133 SMSF auditors who failed to lodge their annual statements....
Superannuation
ASIC has formally canvassed a ‘regulatory sandbox’ approach allowing fintech companies to test products without an AFSL....
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 ...