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royal commission
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....
Superannuation
A number of corporate superannuation mandates may change hands if particular companies are named and shamed in the Royal Commission’s final report, with serious contingen...
Financial advice
Industry Super Australia has told a key Parliamentary Committee that advisers can’t necessarily be trusted when it comes to giving advice around the selection of post-ret...
Superannuation
APRA could have identified poorly performing superannuation funds sooner and before the Royal Commission if it had actually collected and used the right data, according t...
Insurance
The Australian Lawyers Alliance has taken issue with the Financial Services Council’s new life insurance code of conduct arguing that is neither fully enforceable nor tak...
Superannuation
The role and accountability of superannuation fund trustees must be reinforced, according to the Institute of Public Accountants....
Superannuation
The industry funds dominated Australian Council of Superannuation Investors has helped deliver ‘first strikes’ against the remuneration reports of National Australia Bank...
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 ...