HARRISON WORLEY  |  FRIDAY, 17 AUG 2018   5:22PM
As the Royal Commission superannuation hearings turned onto the final straight this week, commentators took to Twitter to have their say.
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APRA banned one person in 10 years: Royal Commission
HARRISON WORLEY  |  FRIDAY, 17 AUG 2018
The Royal Commission heard Australia's prudential regulator has banned one person for not being fit and proper since 2008 - after the law changed requiring APRA take the matter to court.
AMP incorrectly charged more than $26 million: Royal Commission
HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
The Royal Commission heard AMP incorrectly charged superannuation members more than $26 million in fees.
Intra-fund advice conflicted: Royal Commission
KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Colonial First State admitted to falling below community standards when it crafted poor communication to super fund members to dissuade them from moving to a cheaper default option. One financial adviser was banned in the process, the Royal Commission ...
Hayne sees red over failed merger
KARREN VERGARA  |  THURSDAY, 16 AUG 2018
Commissioner Kenneth Hayne slammed two industry funds for reneging a potential merger that had clear benefits for members after finding executives were worried their roles were on the line.
Entertainment spend retains members: Hostplus
KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
The Royal Commission has questioned whether splurging on client entertainment is in the best interest of super fund members. Hostplus chief executive David Elia took to the witness stand on the issues of substantiating corporate expenses and multiple ...
Poor systems delay MySuper transitions: CFS
KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products.
CFS and a messy MySuper transition
KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Colonial First State's messy MySuper transition came under the Royal Commission's lens on Tuesday.
Suncorp suppressed tax benefits to super members
KARREN VERGARA  |  TUESDAY, 14 AUG 2018
The Hayne Royal Commission put the spotlight on obscure administration fees and intra-company arrangements, as well as tax benefits superannuation funds are withholding from members.
NAB complicated plan service fee issue: Royal Commission
HARRISON WORLEY  |  MONDAY, 13 AUG 2018
NAB Wealth failed to make its plan service fee issue easy to solve, the Royal Commission heard today.
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