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Showing 161 - 170 of 917 results for "Debate"

Cbus chief opposes default longevity requirements for CIPRs

KANIKA SOOD  |  FRIDAY, 1 NOV 2019
... member base's profile is different from that of the general population, and so should be its products. "There has been much debate around whether our retirement income system should require retirees to manage longevity risk, however Cbus would caution ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... banks and large institutions like the disgraced AMP." Vagliviello said the main cause of discontent for advisers is the debate surrounding commissions in the life insurance industry and the removal of grandfathered revenue. The UFAA maintains that removing ...

SMSFs not for everybody: ASIC

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
ASIC is warning Australians to consider the appropriateness of self-managed super funds, noting controversial Productivity Commission findings which show the super vehicle is less suitable for low-balance members. The corporate regulator is urging Australians ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... current retirement system to make sure it adequately serves everyone's needs," AMP said. "Now is the time to have the debate on this issue."

Complexity of grandfathered commissions overlooked

ELIZABETH MCARTHUR  |  FRIDAY, 27 SEP 2019
... Committee on Corporations and Financial Services Inquiry into the FOFA legislation grandfathering was not the subject of any debate. "A detailed understanding of the history of FOFA helps in understanding why grandfathering was never a point of contention ...

Put risk on the super comparison table: AMP

HARRISON WORLEY  |  THURSDAY, 26 SEP 2019
As APRA prepares its traffic light rating system for super funds, AMP's head of wealth warns risk needs to be on the table to ensure consumers compare apples with apples. Chief executive of AMP's Australian wealth management division Alex Wade ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
New consumer group Super Consumers Australia has marked its launch with a swipe at MySuper products and the superannuation lobby. The consumer group said its research shows the superannuation system "put over 170,000 people into a poor performing super ...

Members' interests bill sits on the precipice

HARRISON WORLEY  |  WEDNESDAY, 18 SEP 2019
... new product on or after 1 October 2019, and to members with balances under $6000. The bill was the subject of significant debate in the House, with Labor MP Emma McBride taking the opportunity to hit the Coalition over the recent agitations of a number ...

Super debate too one dimensional: Rice Warner

HARRISON WORLEY  |  MONDAY, 26 AUG 2019
... house has taken umbrage at the public commentary of several influential players over superannuation's eternal policy debate. In a post on its website on Friday, Rice Warner noted the continuous tinkering with the super industry had led to some positive ...

Super sector needs to end culture war

KRISTI CHENG  |  FRIDAY, 16 AUG 2019
... would be far better investing in modelling and policy options than name-calling," he said. "While we can have a technical debate, the primary purpose of super must be to reduce public sector costs from an ageing population and improve quality of life ...