Both the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have written to super funds asking them to prove they are not...
Consumers can expect improved justice and recourse should they be victims of wrongdoing by the financial services industry as the result of a Senate Committee report hand...
Industry funds need to make sure they learn from the mistakes of retail funds uncovered by the Royal Commission and ensure that the dubious governance practices of the la...
Despite the Royal Commission recommending relatively few major changes to the way super funds are operated, it pays for funds to heed the lessons inherent in the spirit o...
In the wake of a Royal Commission and Productivity Commission report into superannuation, the funds that will come out on top are those willing to publicly lift the lid o...
The Australian Securities and Investments Commission has been handed tougher penalties with which to pursue people referred to it by the Royal Commission....
IOOF has moved to an 82 per cent economic interest in ANZ Pensions and Investment business despite issues raised at the Royal Commission, while acknowledging a remediatio...
AMP Limited’s full-year results have revealed what its appearance before the Royal Commission has cost in terms of its corporate superannuation business....
A new survey has revealed strong support for removing bank-provided “general” advice from the superannuation equation....
The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...
Life risk industry veteran, Michael Molesworth, has warned that underwriters and claims assessors need to be subject to more stringent education requirements or risk comm...
As the banks face issues with customer satisfaction so too have their associated super funds, with industry funds having increased their customer satisfaction ratings ove...
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 ...