
TAL and parent, Dai-Ichi Life, are pursuing a broader agenda by picking up a 15.1 stake in Australia’s leading annuities player, Challenger.
Unchecked savings rates are hurting SMSF balances, with cash holdings likely delivering half their current earning power.
Some of Australia’s largest superannuation funds have confirmed breaches as a result of a coordinated cyber attack.
Brighter Super has expanded its partnerships with IFAs and its business development team in Queensland to “scale up” its advice capabilities.
Superannuation has proven a valuable economic weapon for Australia and one which should be preserved, according to new ASFA research.
ASIC has pointed to some super fund trustees continuing to deduct premiums and financial advice fees from deceased members’ accounts.
ASIC has signalled a crack-down on death benefit claims handling after a review of 10 of Australia’s largest funds found shortcomings.