The Australian Securities and Investments Commission is calling on superannuation trustees to improve the effectiveness of target market determinations after a sample rev...
Superannuation trustees are being urged to review their internal dispute resolution arrangements after the first stage of an ASIC surveillance found indicators of signifi...
A Victorian authorised representative has been charged with engaging in dishonest conduct in the course of carrying on a financial services business and providing unlicen...
The Australian Securities and Investments Commission has said it acted against eight self-managed superannuation fund auditors between March and June 2022....
The corporate regulator has issued guidance about how superannuation funds can use retirement estimates and calculators, as the Retirement Income Covenant comes into forc...
ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....
The Federal Court has ordered Squirrel Superannuation Services Pty Ltd to pay a $55,000 penalty for false and misleading marketing regarding investing in residential prop...
Former Queensland financial adviser, Lawrence Toledo, has been convicted and fined $1,500 after pleading guilty to three charges of breaching an Australian Securities and...
ASIC has issued information to crack down on superannuation funds which fall foul of ‘greenwashing’ which it says will remain a priority for its regulatory oversight. ...
ASIC has cancelled the registration of 10 auditors of self-managed superannuation funds who failed to lodge their annual statements....
Members were told an investment partnership with Hostplus would lead to lower investment management fees when 77% of members ended up seeing increased costs....
Westpac has been ordered to pay penalties of $113 million for compliance failures in banking, superannuation, wealth management and insurance....
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 ...