mysuper

Financial advice

Only superannuation advice regarding consolidating other accounts including defined benefit along with retirement advice should be classified as ‘complex personal advice’...

Superannuation

The Australian Prudential Regulation Authority’s MySuper heatmaps are facing adjustment to accommodate the Government’s Budget proposals on superannuation fund performanc...

Superannuation

The fund’s typical member with $50,000 invested in a MySuper product would see a reduction of $55 per year. ...

Superannuation

The total MySuper assets stood at $731.3 billion in June 2020, 3.3% down from the previous year due to the early release of superannuation scheme, according to data. ...

Superannuation

APRA has sent out a letter to registrable superannuation entities, reminding them of their obligations to complete the Business Performance Review and Outcomes Assessment...

Superannuation

Super funds’ one-size-fits-many approach does not allow members to reach their retirement goals, according to Russell Investments. ...

Superannuation

The players’ association of the highest level of Australian rules football has extended their 20-year partnership with AMP as the default superannuation provider....

Superannuation

The update will be published in June 2020 and is aimed to reflect actions taken by trustees to address areas of underperformance. ...

Financial advice

The deduction of any fees for personal advice from a MySuper account should be limited to non-ongoing super-related advice for MySuper members, the Australian Institute o...

Financial advice

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

Financial advice

The Treasurer, Josh Frydenberg, faces a fight from the financial planning industry as he seeks to move forward on implementing a Royal Commission recommendation banning t...

Editorial

The objectives of the Australian Prudential Regulation Authority’s superannuation heatmaps are laudable but the issues which arose last December make it imperative that t...

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

11 months ago
Kevin Gorman

Super director remuneration ...

11 months 1 week ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

11 months 1 week ago

Westpac has delayed its rate cut forecast, aligning with its peer NAB’s outlook on the likely trajectory for the Reserve Bank of Australia’s cash rate....

21 hours ago

The government’s adjustment to the Future Fund’s mandate could set a dangerous precedent, warns an economist, raising concerns that it may pave the way for problematic fu...

20 hours ago

The proposed reforms have been described as a key step towards delivering better products and retirement experiences for members, with many noting financial advice remain...

22 hours ago