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FSC hails super choice amendmentsBY HARRISON WORLEY | THURSDAY, 28 NOV 2019 11:39AM
The Financial Services Council has praised the government for introducing amendments to superannuation laws.
Read more: Australians, Financial Services Council, Treasury Laws Amendment, FSC, Sally Loane, Superannuation Guarantee Act, House of Representatives, Member Outcomes, Productivity Commission, Royal Commission
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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