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Fund CEOs slam MySuper as 'death by a thousand cuts'

BY JAMES FERNYHOUGH | MONDAY, 17 JUN 2013 12:15PM

Superannuation fund leaders have said MySuper will fail to achieve its aims, while ensuring significant costs to super funds, according to a report conducted by Sussman Associates.

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ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI | 12:27PM

ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.

Treasury expects regulators to do the heavy lifting

MATTHEW WAI | 12:21PM

Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.

NGS Super names head of strategy

MATTHEW WAI | 12:17PM

NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI | 12:13PM

US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.

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