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ASIC
Institutional investment
The Australian Financial Complaints Authority has no alternative but to make referrals to either the Australian Securities and Investments Commission or the Australian Pr...
SMSF
The corporate regulator has added new conditions to the registration of two SMSF auditors, William Krammer and Yuk Wong....
Financial advice
Intrafund advice must be seen to leave clients better off or it will likely fail best interests, according to the Australian Securities and Investments Commission. ...
Superannuation
At least two companies were warned by the regulator to stop charging fees ranging from $199 to $299 for facilitating superannuation early release when the process is mean...
Financial advice
National Australia Bank super entities NULIS and MLC Nominees have been hit by Federal Court penalties out of an Australian Securities and Investments Commission action o...
Superannuation
Product disclosure statements from superannuation and managed investment product issuers given on or after 30 September, 2022, must comply with the new fees and costs req...
Features and Analysis
Superannuation should be placed under an independent authority such as the Reserve Bank rather have it subjected to political game-playing, according to a roundtable of s...
Superannuation
Superannuation should be placed under an independent authority such as the Reserve Bank rather have it subjected to political game-playing, according to a roundtable of s...
Superannuation
Superannuation members need to regularly check their balance given the scams and fraud activity surrounding the early release of super scheme, a super body has said....
Superannuation
Seven super funds have been classifying new members as ‘smokers’ by default and over 5,000 members will receive over $3.6 million in compensation....
SMSF
The Australian Securities and Investments Commission has been challenged to hold itself to the same standards it imposes on financial service companies by key members of ...
Superannuation
The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation Office, far lower than the $13,900 quoted in a recent SMSF fa...
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 ...