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recommendations
Financial advice
Industry superannuation funds have welcomed the Royal Commission’s final report, but financial planning groups are concerned about the outcome for their members....
Superannuation
The Australian Prudential Regulation Authority has been advised to conduct supervision of remuneration systems and review its current standards and guidance on the matter...
Superannuation
Commissioner Kenneth Hayne has recommended that the hawking of superannuation products be completely banned, with an exception for offers made under eligible employee sha...
Financial advice
The Royal Commission has recommended the deduction of any advice fee other than intra-fund advice from a MySuper account be prohibited, while their deduction from choice ...
Superannuation
The determining factor when considering mergers must be the members’ best interests, not whether one or more of the fund in question’s directors will have a place on the ...
Superannuation
The corporate regulators, ASIC and APRA, have been urged to co-regulate in relation to superannuation....
Financial advice
The Royal Commissioner, Kenneth Hayne, has made clear he holds boards and senior management responsible for misconduct where it occurred....
Superannuation
Royal Commissioner Kenneth Hayne has recommended that executives “treating” employers to meals and sports games be prohibited....
Superannuation
The Royal Commission final report has called for trustees to be prevented from assuming any other obligations related to the superannuation fund, while also finding that ...
Financial advice
The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk commissions being further reduced....
Financial advice
The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has highlighted a toxic sales culture and a failure to regulate wrongd...
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 ...