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Showing 51 - 60 of 2784 results for %22Super Review%22

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
... ambiguity may explain funds' reluctance to offer guidance," he concludes. Another highlighted concern is the obstacles that super funds encounter in gaining better insights into their members. The paper explained that many trustees are reluctant ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... groups, following over 250 responses to earlier consultations on Consumer Investment Markets and the Compensation Framework Review. It anticipates releasing forthcoming steps in its joint review of the Advice Guidance Boundary, conducted in collaboration ...

OnePath cops $5m fine over fees for no service

CASSANDRA BALDINI  |  THURSDAY, 30 NOV 2023
... misconduct. Agreed facts state that between December 2015 and November 2021, OnePath shared inaccurate information with Integra Super members. During this period, the trustee deducted $3.8 million in adviser service fees from members, even though they ...

On-platform TDPs miss performance test benchmarks, worst on fees: APRA

ANDREW MCKEAN  |  WEDNESDAY, 29 NOV 2023
APRA has released new insights into superannuation product performance, revealing that most on-platform trustee directed products (TDPs) underperform their benchmark and exhibit higher administration fees. The prudential regulator's analysis based on ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... Challenger, Australia's largest provider of annuities," CSC chief executive Damian Hill said. "CSC has undertaken a detailed review of the options and providers available to help our customers address longevity in retirement, and Challenger is our selected ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... funds, he said, acknowledging they may well serve as a suitable training ground for holistic advisers. "Whatever we do with super funds has to have tight governance and regulation around the scope of advice, how it's charged and the qualifications ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... superannuation, and to leverage future opportunities presented by the government's response to the Quality of Advice Review." WTL intends to fund the acquisition using cash on hand and will purchase M3 on a debt-free, cash-free basis, with the final ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... provide financial product advice and custodial services to both retail and wholesale clients, retains the right to seek a review of ASIC's decision through the Administrative Appeals Tribunal. Meanwhile, First City Corporate Advisory Services' AFSL has ...

ATO recoups $684m in unpaid super

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... distributed $684 million in unpaid superannuation entitlements to funds and individuals, while also raising over $1.3 billion in super guarantee charge liabilities through compliance actions in the 2022-23 financial year. During the year, the ATO completed ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... at ASX-listed companies. Building on the success of the 2023 ESG Power50 list, readers of FS Sustainability along with FS Super - The Journal of Superannuation Management and FS Advice - The Australian Journal of Financial Planning, as well as the broader ...