The Association of Superannuation Funds of Australia has made clear to ASIC that superannuation funds want advice fee consent arrangements with financial advisers to be k...
Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds. ...
The High Court has unanimously held the Michael Christodoulou King was an officer of MFS Ltd (Octaviar) subsidiary MFS Investment Management and is therefore responsible ...
The deduction of any fees for personal advice from a MySuper account should be limited to non-ongoing super-related advice for MySuper members, the Australian Institute o...
The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....
Colonial First State has announced fee reductions on the back of a program which will see the removal of grandfathered conflicted remuneration and insurance-related advis...
The Treasurer, Josh Frydenberg, faces a fight from the financial planning industry as he seeks to move forward on implementing a Royal Commission recommendation banning t...
Limited licenced advisers need to make sure they do not verbally give switching advice to clients even if it is undocumented as this would breach best interests duty, acc...
Retiree couples aged around 65 spent $1,292 more and singles $829 more over the last year, largely due to the drought, according to data....
The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....
The new design and distribution obligations regime could increase costs that could be passed onto consumers, according to a law firm....
Regulatory settings on financial advice are not always helpful for super members and the industry needs a body to look at the interconnected policies, systems and governm...
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 ...