What it means for super funds

  • On 19/03/2020
The coronavirus, COVID-19, continues to dominate the news.  Share markets, which always respond more rapidly than governments, have reacted by turning the Bull market (which started in 2008) into a Bear market within a few weeks – with the latest oil crisis not helping.  Despite initial hope that the virus would be a temporary dislocation, […]

The age-old debate about the validity of commission payments

  • On 21/02/2019
The purpose of commission Many industries pay commission to distributors of products.  Manufacturers benefit from the variable cost – no sale, no payment – which can be built into the product’s price.  Sales people also like commission as their income is not capped, and good ones can earn high levels of income. One of the […]

Productivity Commission parts company with the evidence

  • On 24/01/2019
The end of yet another superannuation inquiry The Productivity Commission (PC) has just finished a three-year comprehensive analysis of the superannuation industry.  It issued its final report to Government (and the Royal Commission into Misconduct in the Banking, Financial Services and Superannuation Industry) in late December and the report became public on 10 January 2019. Advance copies […]

Budget 2016 – Simply Super?

  • On 05/05/2016
Superannuation is a central part of Treasurer Morrison’s first Budget. The cunningly crafted changes retain the attractiveness of superannuation as the preferred savings vehicle for retirement whilst making the system far more equitable.  There is an improvement in simplicity in some areas. About 4% of Australians will be worse off through the changes. Collectively, the […]

The Financial System Inquiry – Where next for superannuation funds?

  • On 09/12/2014
The final report of the Financial System Inquiry (FSI) was released on Sunday 7 December. The report is critical of the superannuation industry and makes some telling recommendations for change. The government appears to be pleased with the contents of the FSI final report, but not all suggestions will receive bipartisan political support. We discuss […]
rw-logo-small
Rice Warner is a leader in providing consulting, research and technology solutions to financial services industry participants. We partner with clients to improve their business outcomes and results. We deliver unbiased, independent advice and solutions, underpinned by unique market insight, market leading data and a dedicated and passionate team who care about results.
Contact Us
Sydney Office
Level 1, 2 Martin Place,
Sydney NSW 2000
T: +61 2 9293 3700

Melbourne Office
Level 20, Tower 5
727 Collins Street
Melbourne VIC 3008
T: +61 3 8621 4100