The SMSF Association is urging the Quality of Advice Review to “set in stone” the need for specialist training for those advising the self-managed superannuation fund sec...
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...
The impact of COVID-19 on the European part of business combined with regulatory changes in retirement and superannuation solutions drove down overall revenue 6% for FY21...
One-third of Australians near retirement have not received advice, despite the process of retirement becoming more complicated, according to a report....
Advice fees levied by superannuation funds are relatively insignificant when compared to administration and investment fees. ...
The current regulatory regime around financial planning is driving up costs by prioritising compliance and the needs of licensees over those of consumers, according to th...
The Shadow Assistant Treasurer and Shadow Minister for Financial Services, Stephen Jones, has challenged whether advice is actually affordable or not given Australians ar...
One of Australia’s largest industry superannuation funds has confirmed it actually directly charges members who access intrafund advice....
If advisers continued to follow best practices and best interests of clients, they are unlikely to be subjected to the referral of any complaints to AFCA, despite poor in...
The change will see 23 paraplanning-related roles be made redundant and another 32 support roles will be affected....
This has improved its advice services which comes at no extra cost to members and is accessible outside Brisbane’s normal business hours....
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 ...