Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 91 - 100 of 1071 results for %22Super Consumers Australia%22

Vanguard Super reignites fee war with launch

JAMIE WILLIAMSON  |  FRIDAY, 11 NOV 2022
... times. It was back in November 2019 that Vanguard's Robin Bowerman revealed the indexer's plans to re-enter the super sector. Later that month, Michael Lovett was appointed as head of superannuation, tasked with leading the development and launch. ...

Australians worry about retirement - and maybe they should

ANDREW MCKEAN  |  TUESDAY, 8 NOV 2022
... as previously reported by Financial Standard, ASFA's Retirement Standard was labelled too high by Super Consumers Australia. The consumer body said a pre-retiree couple only needs to save $402,000 by age 65 to achieve a joint annual income of $64,000. ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... start - a serious agenda that will lead to more Australians knowing the security of a good job and decent housing." Industry Super Australia said discussions between the government and industry funds has already commenced. Commenting on the Accord, CareSuper ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
... because for too long there had been multiple accounts eroding members' fees. Meanwhile, new research from Super Consumers Australia (SCA) has found that products which failed the annual super performance test have on average cut their fees by 20%. SCA ...

QAR could see 12% increase in insured Aussies

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
... executive Blake Briggs said that the government has a rare opportunity to deliver affordable and accessible advice to consumers as an outcome of the QAR. "FSC research shows how the unmet life insurance needs of consumers can be addressed by comprehensively ...

Tech providers support QAR SOA proposals

CASSANDRA BALDINI  |  THURSDAY, 29 SEP 2022
... Advice Intelligence founder and chief executive Jacqui Henderson said QAR chair Michelle Levy makes a critical point, consumers want good advice, not documents and processes. In the response, titled Through the Lens of the Modern Adviser, Henderson highlights ...

Still work to do on QAR: Levy

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... endanger that because we don't know if consumers will know that the person who gave them financial advice from their super fund or their insurer, or their platform, is not actually educated, qualified and registered," she said. The other issue is ...

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... continue to explore ways to improve the efficiency of their MySuper products." Commenting on the results, Super Consumers Australia director Xavier O'Halloran said they mark a clear sign that the tail of underperforming super funds is being cleaned ...

A sensible roadmap: Industry responds to QAR paper

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
... including the Association of Financial Advisers, the Financial Planning Association of Australia, CPA Australia, Self-Managed Super Fund Association and Institute of Public Accountants. However, CHOICE chief executive Alan Kirkland said he has grave ...