Retail funds also guilty of 'Compare the Pair' vaguenessBY JAMES FERNYHOUGH | THURSDAY, 26 JUN 2014 12:40PM
BT and ANZ may need to follow Industry Super Australia (ISA) in clarifying the language of their superannuation advertising campaigns, following a ruling by the Australian Securities and Investments Commission (ASIC) over use of the term 'average' in reference to super funds.Read more: ISA, BT, ANZ, ASIC, Andrew Bragg, ANZ Smart Choice Super, Australian Securities, BT Super, Industry Super Australia, Investments Commission, Superannuation, ANZ ads, Association, Australians, Average Industry Super Fund, Average Retail Super Fund, Brad Fox, Financial Advice, Financial Advisers, Financial Services Council director, FSC, Future, Life, Life advertisement states, MySuper products, Pair advertisements
Australians are increasingly relying on the internet and digital devices to purchase life insurance instead of financial advisers, a new study from NobleOak shows.
As part of the release of its annual SMSF statistics, the ATO looked at the performance of the SMSF sector through the lens of funds established five years ago and asked: where are they now?
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