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18 July 2018 • By Jessica Yun • 1 min read

Advised market worth $703bn: Roy Morgan

Just under 10 per cent of Australians have sought wealth management advice, according to new research — and those who have tend to be the wealthiest ...

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Westpac shuts down SMSF lending

Westpac has announced it will no longer offer property loans to SMSFs, following a similar decision by its subsidiary St.George. In an online ...

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CIPRs should be a retention tool: Optimum

Super funds can easily convert their account-based pensions into longevity products which will help them retain both FUM and members, says Optimum ...

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Super funds struggling with shift to digital

Superannuation funds have made some strides in transitioning to digital platforms and online communication, but the process has been challenging for ...

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Superannuation ‘catch-up’ measures kick in

From 1 July, Australians with superannuation balances under $500,000 will be able to tap into unused parts of their concessional contributions cap

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‘No progress’ closing super gender gap

The superannuation gender gap has narrowed by only 2.1 per cent in the last decade, which has been “no real progress”, according to Roy ...

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APRA warns funds about cash options

The prudential regulator has issued a warning to super funds about offering cash options with underlying investments that are not ‘cash-like’ in ...

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Super gender gap narrows, but finance pay lags

The second half of 2018 saw the gender gap in superannuation narrow slightly, but other areas – such as the 26 per cent gender pay gap in the finance ...

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KPMG warns on budget group insurance plan

A government proposal to make insurance inside super opt-in for certain member cohorts will push up premiums and adversely impact some funds, says ...

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Government moves to curb super fees

The government has introduced legislation designed to prevent excessive superannuation fees, exit fees and insurance arrangements. Minister for ...

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