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24 May 2019
Let’s start with the royal commission recommendations. Aside from its wavering on the recommendation for a crackdown on mortgage broking commissions, the Coalition pledged to fully implement the rest of Commissioner Hayne’s recommendations – all 75 of them.
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21 May 2019
A high level of confusion among members of poorly performing super funds points to the urgent need for a Government-sanctioned online tool to help Australians make more informed choices about their super savings, the Australian Institute of Superannuation Trustees said today.
15 May 2019
The Australian Institute of Superannuation Trustees – the peak body for the $1.4 trillion profit-to member super funds - has released a pre-election score card comparing key policies impacting on superannuation and retirement outcomes.
03 May 2019
New research has identified Western Australia and Queensland as being the states where the superannuation savings gender gap is at its worst.
01 May 2019
Thousands of consumers of financial products, including superannuation, will remain exposed to conflicted financial advice if proposed regulations on grandfathered conflicted remuneration get the green light, the Australian Institute of Superannuation Trustees has warned.
15 April 2019
While much of the commentary in the Hayne royal commission’s final report concerns misconduct by banks, retail super funds and other for-profit entities, its central message on the importance of getting culture right is relevant to all financial service providers, including profit-to-member super funds.
14 April 2019
Some bank and insurance company owned super funds are charging almost twice as much in fees compared to profit-to-member funds, according to new research commissioned by the Australian Institute of Superannuation Trustees (AIST).
10 April 2019
The Australian Institute of Superannuation Trustees (AIST) has today warned that delays to consumer disclosure requirements will negatively impact on the retirement outcomes of millions of unsuspecting Australians.
02 April 2019
Profit-to-member superannuation funds are well-placed to expand their role in providing quality, cost-effective financial advice, delegates attending a Financial Advice in Superannuation Symposium heard today.
The changes to the rules for voluntary super contributions in the 2019 Federal Budget are good news for older members who can afford to make additional contributions to their superannuation savings, however they will have minimal impact on the retirement outcomes of most Australians, the Australian Institute of Superannuation Trustees (AIST) said tonight.