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Can super funds continue to meet their investment targets?

  • On 05/09/2019
Strange times We live in very strange and uncharted economic times, and the future is increasingly murky.  Yet superannuation funds, admittedly distracted by incessant loads of new legislation, don’t appear to have changed their outlook in communications with members. Since the global financial crisis (GFC) a decade ago, we have entered a massive global economic […]
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Funds fail on advice outcomes

  • On 28/08/2019
The financial advice industry is at an inflection point. The superannuation and broader wealth industries have been slow to recognise the fundamental changes introduced by the Future of Financial Advice laws in 2012.  Exposure of unlawful practices by the Hayne Royal Commission have been supplemented by huge remedial payments for fees that were charged when […]
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Reviewing Retirement

  • On 23/08/2019
Review after review… The Australian superannuation industry is unique, and its success attracts significant international attention.  Yet, while the structure of the system has been sound, change has been dynamic in an endless effort for improvement.  Consequently, there have been many ongoing inquiries and relentless legislative change to refine the parameters and to weed out […]
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Putting Members Interests First Bill – will it work?

  • On 17/07/2019
As the industry still scrambles to embed the Protecting Your Super (PYS) package changes effective 1 July 2019, the Government has moved to reintroduce the Putting Members’ Interests First Bill (PMIF).  This new Bill is proposing further significant changes in making insurance opt-in for members under age 25 and members holding low-balance active accounts. Rice […]
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