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Quality of Advice Review
Financial advice
With a loss of some 5.3 per cent in the calendar year to date, the superannuation fund model has been seeing the greatest adviser losses of all the advice models. ...
Financial advice
The law “should not continue to assume that financial advice is being given by a person”, according to Michelle Levy, as she hints that advice from superannuation funds c...
Superannuation
Two RSE licensees are exploring digital planning services and a third is considering a digital advice tool, but the latest APRA/ASIC thematic review has suggested several...
Superannuation
Scope, competency, and charging arrangements will be the three critical factors when it comes to superannuation funds providing financial advice, according to Minister fo...
Superannuation
With super funds primed to join the advice arena, Minister for Financial Services, Stephen Jones, has signalled that providing a safe environment for members and managing...
Insurance
Life insurance experts have flagged that, while the government’s initial response to the Quality of Advice Review holds promise, there remains more work to do for consume...
Superannuation
It is important that super funds giving advice apply the same rules as professional financial advisers, according to Otivo founder, Paul Feeney....
Superannuation
The Australian Institute of Superannuation Trustees and Industry Super Australia have voiced their support in allowing super funds to broaden their financial advice offer...
Superannuation
Australia’s two largest superannuation funds have welcomed today’s Quality of Advice Review announcement in a joint statement, stating the recommendations are a “positive...
Superannuation
The Government has accepted some 14 of the 22 recommendations in the Quality of Advice Review, allowing super funds to provide more retirement advice and information to t...
Superannuation
The Association of Superannuation Funds Australia has welcomed the government’s formal response to the Quality of Advice Review....
Superannuation
Deducting advice fees from super funds risks undermining the system, a co-founder of financial services institution has said in response to a Quality of Advice Review rec...
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 ...