Coalition signals super policy changesBY ALEX DUNNIN | FRIDAY, 12 JUL 2013 10:10AMThe coalition has signalled that if it wins the 2013 federal election it will institute major reforms regarding how super funds appoint trustees while expecting funds to speed up how they pass on scale fee benefits. |
Editor's Choice
Advisers should rethink portfolio construction: La Trobe
|La Trobe Financial has urged advisers to broaden portfolio construction beyond traditional equity and bond allocations, arguing that slowing productivity, persistent inflation risks and changing market dynamics require greater focus on real assets and private credit.
Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings
|With ASIC withdrawing legal proceedings against Sequoia Financial Group after it entered an undertaking not to put the Cross Deed of Guarantee at risk tied to the sale of InterPrac Financial Planning, the group remains coy about the deal with Conquest Investment Management going ahead.
Pinnacle profits up amid heightened expenses
|Despite heightened expenses of $95.3 million in FY26, reflected by losses from its principal investments, Pinnacle Investment Management (ASX: PNI) saw its net profit after tax (NPAT) surge to over $30 million, with affiliates' funds under management (FUM) also gaining $50 billion, in the 12 months ...
ASIC consults to improve flexibility around pre-IPO comms
|ASIC has released a proposal to provide companies greater flexibility when listing on the public market to publicise their upcoming initial public offering (IPO).
Videos
Brought to you by ![]()
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Hugh Killen
MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
AUSTRALIAN AGRICULTURAL COMPANY LIMITED
For Hugh Killen, several life lessons came from spending time on pastoral properties stretching across northern New South Wales and South-West Queensland.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
The statements made by the Member for Bradfield are offensive and show yet again how out of touch he and his ilk are. I was a Director/Trustee for a period of twenty plus years along with five others (including three Company Directors) on a voluntary basis. The only reason we gave it away was due to the increased regulation and protections caused by the actions of the professionals and now it is stated that there is no competition because of the compulsory schemes. What the Member would be better at is cleaning up the disasters caused by the paid professionals but levied against the entitlements of the members of funds.
Of course that will happen the same time as a polly will never get more than the average worker receives in annual salary increases or allowances. Rather than trying to get the snouts into the trough by so called independents being appointed a bigger effort in making sure that the exact same transparency applies to retail and corporates alike is required.
I know it maybe hard for you to actually be consistent in the approach but it would be a nice approach if it was honestly attempted by the coalition instead of the continued attack on people doing a job and meeting the requirements laid down by the legislation.