Royal Commission challenges super regulatorsBY KARREN VERGARA | TUESDAY, 28 AUG 2018 12:30PM
The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system.Read more: ASIC, Superannuation, APRA, Westpac, Aon Hewitt, Royal Commission, Mercer, MySuper, NAB, Asgard Capital Management, BT Financial Group, Helen Rowell, IOOF, Kenneth Hayne, Michael Hodge, Trio Capital
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women.
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement.
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service.
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal.
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