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Superannuation
A superannuation trustee accused of taking $165 million from beneficiaries as part of a grandfathering commission “scheme” said the allegations were “inaccurate, unfair a...
Financial advice
National Australia Bank super entities NULIS and MLC Nominees have been hit by Federal Court penalties out of an Australian Securities and Investments Commission action o...
Superannuation
Ten major superannuation funds continue to do the majority of the heavy lifting on hardship early release superannuation, but some appear to have been less affected than ...
Superannuation
New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....
Superannuation
AustralianSuper’s chief executive, Ian Silk, has suggested that the Banking Royal Commission didn’t cast a stern enough eye over parts of the superannuation industry, in ...
Financial advice
National Australia Bank and its superannuation business, NULIS, have admitted breaches of the Corporations Act occurred with respect to fees charged to super fund members...
Superannuation
A key witness for NULIS and MLC/NAB, Paul Carter, has admitted to the Royal Commission that adviser contribution fees imposed by the fund were “best described as a commis...
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 ...