ISA proposes new restrictions on retail superBY JAMES FERNYHOUGH | THURSDAY, 16 OCT 2014 12:45PM
Retail funds should be banned from providing default super to employers who bank with them, according to Industry Super Australia (ISA) chief executive David Whiteley.Read more: David Whiteley, ISA, John Brogden, FSC, Industry Super Australia, Superannuation, APRA, Canberra yesterday, Fair Work Commission, Financial Services Council, FWC, GFC, MySuper data, National Press Club, National Press Council
A former Australian Wallabies captain will lead Stockspot's new partnership strategy on a consultative basis, with financial advisers and accountants firmly in his sights.
A Royal Commission into the financial services sector is unnecessary given the amount of substantial reforms and remediation the industry has already undertaken, the Financial Services Council said.
While the financial services industry has taken commendable steps in restoring consumers' trust and confidence, it is still not free from the threat of a public inquiry like the banking sector is currently facing.
A former National Australia Bank executive has joined Equity Trustees as its new general manager of charitable trusts and philanthropy.
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