Financial advice sought by Rest members has doubled since 2019 but the fund is hesitant to enhance its offering as they await regulatory guidance. ...
Industry Super Australia has revealed its 18 recommendations for the financial services industry that it believes would enable superannuation funds to provide cost-effect...
The cost of providing a Statement of Advice to superannuation fund members are thousands of dollars more than for a Record of Advice, according to ASFA, and consumers fin...
Westpac has been ordered to pay penalties of $113 million for compliance failures in banking, superannuation, wealth management and insurance....
Dealer group National Advice Solutions in Queensland has been charged with 11 offences after encouraging clients to roll over their superannuation into different products...
Questions have been raised during Senate estimates as to whether a superannuation’s fund ethical framework should be taken into account during the annual performance test...
The Retirement Income Covenant is doomed to fail if there are a lack of advisers in the industry to convince consumers’ of its worth. ...
Happy holidays from the Super Review team. We will return in 2022....
The corporate regulator has obtained Federal Court orders against unlicensed investment scheme, A One Multi Services, which offered help to investors with their self-mana...
TAL has launched additional mental health insights to support licensees and financial advisers to manage their mental health....
Although the approaching retirement income covenant will explicitly apply to superannuation trustees, it will be impossible for advisers to pretend like nothing has chang...
Greater regulatory clarity is needed to ensure superannuation funds can fill the gap between comprehensive advice which should sit outside of super funds in most instance...
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 ...