ASIC has been told there needs to be greater clarity between what represents a ‘fee’ and a ‘cost’ in Product Disclosure Statements....
ASIC is looking for industry feedback around key fee and cost disclosure requirements for superannuation and managed investment products....
The FSC has called for a new ASIC commissioner to look after international regulatory issues....
ASIC has given super funds until 1 July 2015 to comply with fee and cost disclosure requirements ahead of Stronger Super....
ASIC tightens superannuation funds online disclosure requirements in push for more transparency in the industry. ...
Fund managers will need to have good governance in place to deal with the new collateral requirements of global regulators, if they plan on performing international deals...
There is still room for improvement for superannuation trustees in their obligation to produce a product dashboard for MySuper products, the Australian Securities and Inv...
The super industry is hoping to escape relatively unscathed from a tough Budget. ...
ASFA backs FSI action on post-retirement and suggests suite of initiatives aimed at achieving a satisfactory outcome....
Actuaries Institute recommends new commission to decide on policy conflicts....
APRA has revised six of its superannuation reporting standards after complaints of confusion from key stakeholders....
Superannuation platforms, multi-funds and hedge funds will get an extension from ASIC on interim class order relief from the shorter product disclosure statement (PDS) re...
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 ...