In the span of just eight years to end of 2022 there will be 125 fewer APRA-regulated superannuation funds as a result of either mergers or exits.
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.
Superannuation funds facing into tougher times and volatile markets have been warned they cannot seek to survive at the expense of their members.
More than half of 220 underperforming choice superannuation funds identified by APRA have now exited or about to exit.
Pension Boost records $100 million for HEAS
Pension Boost announced it reached $100 million in approvals of the government’s reverse mortgage program, the Home Equity Access Scheme.
Analysis of the APRA superannuation performance test has revealed 10 more funds are likely to fail with around 7 of those having previously failed.
JP Morgan Asset Management has won a global bonds mandate from TWUSUPER to adopt the Your Future Your Super reforms.
