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Showing 1 - 10 of 19 results for "Superannuation Consumers"

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN | FRIDAY, 31 JAN 2025

... saving' in the budget that will be impossible for future governments to unwind," Briggs said. He said if superannuation consumers continue to be treated as mugs, repeatedly tinkering tax settings, Australians' confidence in the security of their super ...

First advice reform bill passes parliament

KARREN VERGARA | FRIDAY, 5 JUL 2024

... will provide superannuation trustees greater legal certainty when deducting advice fees on behalf of superannuation consumers and will reduce the regulatory impact on financial advisers and advice businesses. "The amendments and supporting explanatory ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER | MONDAY, 20 NOV 2023

... raising new tax revenue, by almost $1 billion in the next decade, without having to raise new taxes on superannuation consumers," Briggs added. The report said product modernisation is also the "natural extension" of the government's 'Your Future ...

Labor advances super performance test changes

KARREN VERGARA | MONDAY, 19 JUN 2023

... and the parliament should reconsider the risks of the proposed methodology to prevent the test failing superannuation consumers.

Calls for super release to borrow from RBA

ALLY SELBY | TUESDAY, 24 MAR 2020

... interest rate, to match the zero interest rate being paid by members." Davis, who is also a board member of Superannuation Consumers Australia, argued a zero interest rate would not be "unreasonable" considering the current low interest rate environment ...

Super consumer body grateful for intervention

HARRISON WORLEY | WEDNESDAY, 4 DEC 2019

... parties have until January 13 to express their interest in the establishment of an advocacy body for superannuation consumers, with the government yesterday inviting potential stakeholders to help define the body's functions and outcomes, governance ...

Spotlight on super welcomed

HARRISON WORLEY | FRIDAY, 27 SEP 2019

... the Productivity Commission were too important to see pushed to one side while the review took place. "Superannuation consumers receive significant benefits from competition and choice, and this will be an important focus of the FSC's approach to ...

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 ...

ASIC targets misleading member communication

KARREN VERGARA | WEDNESDAY, 17 APR 2019

ASIC warned it may take action on superannuation funds that send misleading communication to members about inappropriate fees and insurance premiums. The warning comes in light of the Protecting Your Super package (PYSP) reforms, which are due to take ...

Superannuation Consumer Advocate proposal needs work

KARREN VERGARA | THURSDAY, 4 APR 2019

The Federal Government's plan to launch a superannuation consumer advocate body requires more funding and a long-term commitment from the industry and political parties, according to consumer groups. CHOICE and the Superannuation Consumers' ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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