The Australian Prudential Regulation Authority has signalled its caution with respect to Financial Services Council lobbying for insurers to be allowed to mortgage the as...
The Federal Government may have succeeded in closing off the use of superannuation as a wealth transfer mechanism, according to the Financial Services Council....
A safe harbour option in MyRetirement products could hinder trustee flexibility, a panel has suggested....
While the CIPR regime aims to be a solution to the longevity risk that most Australians will face, CIPRs need to have enough incentive for a substantial take-up, Jassmyn ...
The take up of MyRetirement products will be reliant on incentives and the social security treatment surround the products must be favourable....
The Life Insurance Code of Practice regime started on 1 July and has included new minimum medical definitions....
The FSC has suggested removing the ‘default’ super option to give employees greater opportunity to choose their own super funds....
The default super system was created under significantly different circumstances in the 1980s and does not suit the current robust regulatory environment, according to De...
The First Home Super Savers Scheme will prompt engagement and increase salary sacrifice contributions, the FSC believes....
The key Budget initiatives impacting superannuation will be debated at next week’s Super Review Future of Super Conference, in Sydney....
The Financial Services Council has described the Bank Executive Accountability Regime as ‘without precedent’....
The best default model is a hybrid of the employee and employer choice models from the Productivity Commission’s interim report, according to the FSC. ...
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 ...