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royal commission
Superannuation
The prudential regulator has finalised its revisions to its insurance in superannuation standard, completing the 10 recommendations directed to it from the Hayne Royal Co...
Superannuation
The regulator has imposed a new licence condition that will require the firm to record how it considers members’ best interests and members’ priority covenants when makin...
Superannuation
The Association of Superannuation Funds of Australia has welcomed the deferral of the Royal Commission implementation which will allow the super industry to focus on earl...
Superannuation
Most of Anglican Super’s members have been transitioned to Mercer under a successor fund transfer from AMP Limited after a long and sometimes acrimonious process which be...
Financial advice
National Australia Bank’s superannuation trustee, NULIS, has cleared one regulatory hurdle but is still locked in legal battle with ASIC over fee for no service....
Insurance
The Royal Commission allegations against IOOF caused ANZ chief executive, Shayne Elliott, to think twice about the advisability of the big banking group’s sale of its One...
Superannuation
Senator Jane Hume has sought to dispel myths and excuses trustees have used to avoid merging....
Expert Analysis
The financial advice industry is at an inflection point with adviser numbers set to plummet but demand for advice on the rise. Superannuation funds will fail their member...
News
The ABA has welcomed the Government’s timetable for legislative change, with eight of the 76 Royal Commission recommendations targeted at the banking industry....
News
The ISA is welcoming the Government’s commitment to the Royal Commission recommendations but say it needs to remain focused on other key reforms....
Insurance
The Australian Prudential Regulation Authority has flagged that it will next year be finalising the changes to insurance selection recommended by the Royal Commission....
Superannuation
AMP Limited has sought to hold ground on corporate superannuation but has acknowledged the expected loss of $700 million in mandates over the next 12 months....
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 ...