ASIC has been warned that cobbling together guidance on PDS fee disclosure is not enough and that the underlying legislation needs to be fixed. ...
ASFA is urging RSEs to undertake greater scrutiny when selecting outsourced service providers to avoid fraud risk....
The superannuation industry has applauded the Financial System Inquiry report’s proposal to tackle income stream barriers and enshrine super goals....
ASIC deputy chairman, Peter Kell has confirmed intra-fund advice is on the regulator’s surveillance radar....
YBR chairman, Mark Bouris, claims super fund members are under threat from industry disruptors. ...
ASIC has been told there needs to be greater clarity between what represents a ‘fee’ and a ‘cost’ in Product Disclosure Statements....
Research showed around 650,000 Australian workers are missing super payments by employers, meaning they are collectively out $2.5 billion annually....
ASFA has hit out at the ATO’s proposal that all superannuation funds must provide a contribution data pass through service to default employers....
ASFA wants to guarantee that at least 50 per cent of Australians lead a ‘comfortable’ retirement life by 2050....
The Government must ensure superannuation tax concessions are channelled into building retirement income for Australians who need, according to ASFA....
Efforts by ASIC to clarify its regulatory relationship with APRA may have caused cost and confusion. ...
ASFA has joined with Infrastructure Partnerships Australia to urge federal parliamentarians to back the legislation underpinning establishment of an asset recycling fund....
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 ...