QSuper culls comprehensive adviceBY KANIKA SOOD | FRIDAY, 3 JUL 2020 12:37PMThe $110 billion industry fund will stop offering comprehensive advice to new customers on July 6 and cut over 50 positions, as it sees demand for holistic advice fall. Related News |
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FAAA says super trustees should stump up for CSLR
|The Financial Advice Association Australia (FAAA) has called on Treasury to cut the Compensation Scheme of Last Resort (CSLR) special levy on the advice sector to zero and for superannuation trustees to stump up for the scheme.
HESTA unveils new leaders for property, financial risk
|HESTA has named a pair of general managers, who will be joining the $107 billion super fund, joining from Aware Super and QIC.
ASIC issues more stop orders amid private credit crackdown
|ASIC has issued another stop order on a PDS offering units in three registered managed investment schemes.
Life CCC spots 10.6k breaches in FY26
|The Life Code Compliance Committee has published its FY26 annual report, which saw over 10,600 breaches by insurers with close to 30,000 customers affected.
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Retirement planning, over the phone. Really? Not sure how a phone call would be adequate to comply with the FASEA Code of Ethics, particularly standards 5 & 6, or does this not apply to personal advice given by a Fund?