Treasury didn’t consult on new benchmark

Industry has been left out of the conception of the latest performance test, described by APRA's deputy chair Helen Rowell on Monday as one of the major changes foreshadowed in the Federal Budget which is aligned with the prudential regulator's agenda.

Fast, custom advice a reality

Technological advances in scaled advice in the US mean investment plans are being finalised in as little as three days, unlike the six to eight weeks common in Australia, according to Vanguard. Growing use of paperless procedures, programs that automatically calculate wealth management plans and video conferencing have all sped up the process. Karin Risi, […]
Policy and Regulation

Super Council to deliver equitable outcomes

Women in Super has welcomed the government’s proposed Council of Superannuation Custodians, to be established in association with a Charter of Superannuation Adequacy and Sustainability. Announced as part of the swathe of changes the Gillard government ushered in this month, the council and charter are intended to assess future policy and provide reports to Parliament, […]