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Showing 6501 - 6510 of 18125 results for "superannuation"

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
Superannuation funds are coming clean about charging members advice fees in return for no services well before the financial services Royal Commission kicks into its latest round of public hearings. In the Royal Commission's fifth round, which kicked ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
The prudential regulator cautioned against the use of a sole measure to determine whether an underperforming superannuation fund should retain MySuper authorisation. In its latest submission to the Productivity Commission on superannuation's competitiveness ...

Productivity Commission proposes more changes to financial advice

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... Treasurer Scott Morrison told a media event there is a "much bigger opportunity" for competition to open up in superannuation. "I think there are big opportunities here in Australia for that to happen. It is puzzling why it doesn't but, to be frank ...

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ...

Digital advice, fintech firms merge

KANIKA SOOD  |  FRIDAY, 3 AUG 2018
... working relationship goes back a long way. They were responsible for setting up MLC's Plum business of corporate superannuation in a partnership between MLC and Vanguard. Then while working at Challenger, Paul Rogan was a client of SuperEd. Most ...

HESTA boss wins FEAL award

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
... awards held this week in Sydney. Blakey was recognised for leading a program of change at the $46 billion industry superannuation fund. Blakey is also a strong advocate for calls to make Australia's superannuation system fairer for women and those who ...

Industry super fund renews board

HARRISON WORLEY  |  FRIDAY, 3 AUG 2018
A profit-for-member superannuation fund managing about $90 billion in retirement savings has appointed three directors following the retirement by rotation of existing board members. Glenn Bunney, Pip Carew and Tom Symondson have joined the board of ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
... further impede its work." The Royal Commission begins its fifth round on August 6. It will specifically focus on the superannuation industry; its governance; the relationship between trustees, financial advisers and selling practices; indigenous issues ...

Mis-selling super a win for consumers

JAMIE WILLIAMSON  |  THURSDAY, 2 AUG 2018
An advocacy body for superannuation fund members established in 2013 will finally become fully operational thanks to $2.5 million in penalties paid by CBA and ANZ for the mis-selling of super products. The Superannuation Consumers' Centre will receive ...

Global fund manager expands Australian operations

KARREN VERGARA  |  THURSDAY, 2 AUG 2018
... investment beliefs, research processes, core values and company culture." Further, his experience working at both superannuation funds and global asset managers makes him an excellent representative of Research Affiliates, she said. About $265 billion ...