Only superannuation advice regarding consolidating other accounts including defined benefit along with retirement advice should be classified as ‘complex personal advice’...
The Australian Prudential Regulation Authority’s MySuper heatmaps are facing adjustment to accommodate the Government’s Budget proposals on superannuation fund performanc...
The fund’s typical member with $50,000 invested in a MySuper product would see a reduction of $55 per year. ...
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. ...
APRA has sent out a letter to registrable superannuation entities, reminding them of their obligations to complete the Business Performance Review and Outcomes Assessment...
Super funds’ one-size-fits-many approach does not allow members to reach their retirement goals, according to Russell Investments. ...
The players’ association of the highest level of Australian rules football has extended their 20-year partnership with AMP as the default superannuation provider....
The update will be published in June 2020 and is aimed to reflect actions taken by trustees to address areas of underperformance. ...
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...
The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....
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...
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...
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 ...