By the end of this year there will be 125 fewer Australian Prudential Regulation Authority (APRA) regulated superannuation funds than there were eight years ago.
That is the bottom line delivered by one the major superannuation industry lobby groups – the Association of Superannuation Funds of Australia.
According to ASFA,…
While financial advisers continue to enjoy the pause in their ASIC levy superannuation funds are wondering why they are facing a 41% increase.
SMSF establishments are back on the rise and notwithstanding concerns over client best interest requirements, accountants foresee growth.
Super funds holding real estate in NSW might be materially affected by the recent changes made to the NSW Duties Act.
Some superannuation funds which failed the MySuper performance test may have confused their members, says ASIC.