Latest News:
- RateSetter finalises $10.5m capital raising
- New fee disclosure rules ‘inequitable’: ISA
- ASX to provide blockchain update in December
- The ‘most valuable player’ of investing
- Managed Accounts Holdings to acquire Linear
- Where to from here for the banks?
- Frontier Advisors CEO resigns
- Banks condemn 7-day BEAR consultation
- New fixed income boss for Janus Henderson
- Propertylink rejects Centuria takeover bid
MyRetirement could stall: Actuaries Institute
The government's new retirement incomes framework could fall at the first hurdle unless the treatment of income products under the means test is quickly resolved, warns the Actuaries Institute.
Retail FUM/A hits $1.2tn
Funds under management and advice in retail and wholesale super funds hit $1.2 trillion at June 2017, according to DEXX&R.
Unpaid super guarantee bill tabled
Xenophon Team MP Rebekha Sharkie has introduced a bill into Federal Parliament that would make it easier for Australian’s to recover unpaid superannuation contributions from their employers.
Super funds paying $6bn in extra tax: GBST
Some of Australia’s largest superannuation funds are paying more tax than is necessary due to poor management of capital gains tax and franking credits, says GBST.
FSC takes aim at ‘subscale’ super funds
As much as $94 billion is invested in “subscale” default super funds with worse-than-average 10-year returns, according to the Financial Services Council.
