Royal Commission challenges super regulatorsBY KARREN VERGARA | TUESDAY, 28 AUG 2018 12:30PMThe 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. Related News |
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Australia's retirement system receives first A-grade
|Australia's retirement system has finally received an A-grade rating in the annual Marsh CFA Institute Global Pension Index after stagnating at the B+ level for the last five years.
Brighter Super changes up investment, insurance fees
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Channel Capital wins distribution mandate
|Channel Capital has been appointed by Coller EQT to distribute, promote and service investor support to the two secondaries strategies currently available in Australia.
Perpetual asset management outflows hit $9.6bn
|Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration.
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David Sharpe
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FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
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Westpac/BT have refused to transfer a client outside of their control, to an independent Certified Financial Planner.
Its all about fees, and who gets them.