Industry associations have welcomed the Federal Budget for providing stability by leaving superannuation unchanged but believe mums will be left behind....
With dozens of mergers having already taken place, the industry is starting to find it has a refined, formulaic process for consolidation....
It is unnecessary to have the number of superannuation funds the industry has but trustees should not rush into poorly planned mergers, the prudential regulator has said....
Financial Services Council superannuation and life insurance members will be prohibited from the use of exclusions and restrictive disability definitions because a super ...
The Financial Services Council has released the second draft of the life insurance code of practice for public consultation. ...
The council has proposed to prohibit terms in MySuper group life policies that could cause a claim to be declined in default group life insurance in superannuation on the...
The Association of Superannuation Funds of Australia, Australian Institute of Superannuation Trustees and the Financial Services Council have updated the code, but it has...
While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...
Jan McClelland has been jointly appointed to chair the Life Code Compliance Committee by the Financial Services Council and the Australian Financial Complaints Authority....
The Government is arguing that the manner in which the Government has moved to include administration fees within the super fund performance test will strengthen the regi...
Some of the worst-performing super products have been carved out of the performance test putting consumers at risk of being stapled to a dud fund, according to the Austra...
The life insurance industry needs to go through a genuine transformation around customer and digital transformation, according to a panel....
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 ...