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Quality of Advice Review
Superannuation
The proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remain...
Financial advice
Superannuation funds have thrown their support behind the QAR reforms but want a “clear statement” that they will not be required to check all member SOAs....
Superannuation
QAR lead Michelle Levy says there are conflicts between a super fund acting as a trustee and providing advice....
Superannuation
The QAR lead has argued that super funds should help retirees purchase a home, noting that this would be more beneficial than receiving a pension....
Superannuation
Super funds suffered the second-largest exodus of advisers last year amid the government’s decision to allow funds to expand their advisory powers....
Superannuation
A survey of over 2,200 consumers has highlighted the significant number of Australians seeking to pay for advice through their superannuation, as the government looks to ...
Superannuation
In its submission to Treasury, the Association of Superannuation Funds of Australia has said the government’s proposed fee provisions are “too narrow” to be effective....
Superannuation
Coming to the end of 2023, Super Review looks back on what marked a busy year for the industry, including a number of noteworthy consultations and legislation. ...
Financial advice
Australian superannuation funds have welcomed the Delivering Better Financial Outcomes reforms as a “big win” to provide expanded advice services, including the ability t...
Financial advice
The government’s first consultation on its Delivering Better Financial Outcomes reforms includes clarification for super funds around paying for financial advice through ...
Financial advice
According to Insignia CEO, Renato Mota, opening the advice arena to super funds alongside technological advances, can help a largely underserved “middle Australian” popul...
Financial advice
The $75 billion fund has told Super Review of a 25 per cent increase in use of its digital advice tools in the last financial year and has further boosted these internal ...
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 ...