Members wear the cost of risk-profile errors

21-Dec-2017

Superannuation fund members are missing out on hundreds of thousands of dollars in retirement savings by having their account set to the wrong investment option for their circumstances and stage of life, according to.. Read More

Ex-ASIC director to lead RG 97 review

29-Nov-2017

ASIC has announced one of its former directors will lead the review into the effectiveness of the Regulatory Guide 97 fees and costs disclosure regime, following the extension of the facilitative compliance regime fo.. Read More

Low savings eroding women’s confidence

29-Nov-2017

Low savings levels were a key factor behind women feeling under-confident about their financial situation, with many female advice clients putting the financial needs of others in the family before their own, accordi.. Read More

Funds should invest in strategic assets

28-Nov-2017

Rice Warner has proposed superannuation funds be permitted to invest 1 per cent of member funds in assets that provided non-tangible benefits to members, following last week’s suggestion by Australian business .. Read More

Human advice out of super funds’ reach

23-Nov-2017

Digital advice was the logical choice for superannuation funds looking to provide assistance to mass numbers of fund members nearing retirement, as funds would never have the financial or physical resources necessary.. Read More

Consultation critical in improving retirement

15-Nov-2017

Further consultation was crucial to ensuring superannuation fund members were deploying their savings in the most effective way for the retirement phase of super, according to Revenue and Financial Services Minister .. Read More

ATO deadline good time to engage clients

14-Nov-2017

The 31 October deadline for lodging individual tax returns was an opportunity for advisers to encourage clients to contribute their tax return to superannuation, according to the Association of Superannuation Funds o.. Read More

Further consolidation expected in super

10-Nov-2017

The superannuation industry is likely to consolidate by 60 per cent over the next decade, with many of the current crop of start-up super funds being taken over by bigger industry players, according to Rice Warner. .. Read More

TRIS top of mind for advisers

09-Nov-2017

Transition-to-retirement income streams (TRIS) were currently top of mind for advisers off the back of the federal government’s recent changes to superannuation tax concessions, with many seeking clarification .. Read More

Aon launches new super fund

08-Nov-2017

Aon has restructured its existing Master Trust superannuation fund to create a new super offering, smartMonday, aimed at putting more control over retirement decisions in fund members’ hands. In a statemen.. Read More

Millennials’ superannuation share rockets

08-Nov-2017

The latest Roy Morgan research into superannuation and financial behaviour showed millennials accounted for 14.6 per cent of the total retirement savings pool in September 2017, more than double the 6.4 per cent mark.. Read More

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