Consumers should be encouraged to focus on the value their fund provides rather than focusing on fees alone, argues Rice Warner. ...
AMP has denied that its superannuation funds are permitted to underperform for five years before the investment committee is obliged to info...
CBA defied a request from APRA to accelerate the transfer of 60,000 members to MySuper in order to placate the bank’s aligned advisers, th...
Hostplus chief executive David Elia has defended his fund’s expenditure on corporate entertainment, which included $260,000 on Australian ...
The royal commission has heard NAB failed to provide ASIC with up-to-date information about its ‘fees for no service’ compensation progr...
Royal commissioner Kenneth Hayne has asked whether industry fund spending on ‘political communication’ breaches the sole purpose test....
IOOF put its own interests ahead of 29,000 of its superannuation members earlier this year when it decided to make fee reductions voluntary ...
NAB’s efforts to have ASIC documents that list “suspected offending” by the bank kept private have been denied by royal commissioner K...
The royal commission may well weaken public trust in superannuation, but it could also have the unintended consequence of increasing member ...
Join the InvestorDaily team for a real-time rundown of the action as the Royal Commission into Misconduct in the Banking, Superannuation and...