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royal commission final report
Financial advice
The chair of the Australian Securities and Investments Commission, James Shipton has suggested that those who are pushing back against the regulator may still have someth...
Superannuation
The rules and definitions imposed by superannuation funds is core to the barriers to access to super faced by indigenous people....
Superannuation
AustralianSuper’s chief executive, Ian Silk, has suggested that the Banking Royal Commission didn’t cast a stern enough eye over parts of the superannuation industry, in ...
Financial advice
Sunsuper has announced that it will introduce intra-fund financial advice fee caps, at the same time as defending the deduction of advice fees from super balances....
Financial advice
The Federal Government has reinforced its intention to prohibit the deduction of advice fees from MySuper accounts at the same time as signalling more flexibility around ...
Superannuation
The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...
SMSF
The recommendation from the Royal commission to introduce a last resort compensation scheme for consumers suffering a financial loss from advice failures is a win for SMS...
Superannuation
The Australian Prudential Regulation Authority has pointed to the need for legislative change before it can act on some of the key recommendations of the Royal Commission...
Financial advice
It is confirmed. Andrew Thorburn and Ken Henry have stood down as chief executive and chairman of National Australia Bank (NAB)....
Financial advice
Fallout from the Royal Commission may have claimed another major scalp, with the banking group entering a trading halt ahead of “leadership changes”....
Financial advice
The Actuaries Institute has signalled its willingness to assist in the implementation of the Royal Commission’s final report’s recommendations....
Financial advice
Kenneth Hayne’s emphasis on culture signals clearly that responsibility for misconduct lies with the senior management and boards of the entities involved, an executive a...
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 ...