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ASIC
Superannuation
The corporate regulator has confirmed investigations are underway into member services by superannuation funds, starting with delays on death benefit claims....
Superannuation
As the merger dust settles and a raft of regulatory changes come into effect in the next 18 months, complaints management looks to be a continued challenge for super fund...
People and Products
Super Review would like to wish all our readers a Happy New Year and looks forward to bringing you all the latest news in 2024. ...
SMSF
ASIC has sentenced former director Mudasir Mohammed Naseeruddin over four years imprisonment for ‘egregious conduct’ and dishonestly obtaining client funds from six inves...
Superannuation
ASIC’s senior executive leader of superannuation and insurance Jane Eccleston believes super funds should be viewing complaints as a “canary in the coalmine” for systemic...
Superannuation
Super trustee OnePath Custodians has been ordered to pay $5 million for fees for no service misconduct, less than six months after being fined $1.4 million by APRA....
Superannuation
While ASIC still believes there is a “lack of urgency” with implementing the Retirement Income Covenant, super funds say they want to ensure their products are well-devel...
Superannuation
ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry....
Superannuation
ASIC has identified superannuation as an area where it will continue to take stronger enforcement action, according to its quarterly update....
Superannuation
The super trustee has received three infringement notices for allegedly misleading statements on its social media regarding the performance of one of its investment optio...
Superannuation
The corporate regulator has commenced its first proceedings on internal dispute resolution requirements as it takes TelstraSuper to the Federal Court....
Superannuation
ASIC has warned super funds against overstating the degree of their active stewardship strategy even as new research finds their support for climate-related shareholder p...
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 ...