The reforms aim to make financial advice more accessible, affordable and safe for consumers.
December 11, 2023Discussion paper examines how super funds can better support members and deliver better retirement income products and services.
December 6, 2023The new collections will include data on trustee boards, product distribution arrangements, investment governance, investment manager costs, and financial statements.
December 4, 2023OnePath Custodians made false or misleading representations and deducted fees from members for advice services they did not receive.
December 3, 2023APRA says there is "considerable scope" for fee reductions across the superannuation industry, particularly for trustee directed products.
December 1, 2023ASIC added new priorities targeting super funds and market integrity, and emphases a continued focus on greenwashing.
November 24, 2023Treasurer Jim Chalmers said the bill will prevent government from raiding superannuation "for its own purposes" and help ensure a "dignified retirement for more Australians."
November 19, 2023ASIC says it will take strong, targeted enforcement action in relation to "member services failures in the super sector".
November 17, 2023HESTA performance figures used in Facebook and Instagram ads and in a webinar did not specify the period the figures related to.
November 13, 2023ASIC says Telstra Super did not respond to more than 100 complaints within the 45 days required under the new internal dispute resolution regime.
November 7, 2023