Policy and Regulation

Robo-advice can easily comply with FOFA

Super funds delivery of electronic financial advice to members has been “slow off the mark” because of regulatory worries, but compliance is simple, a legal expert said. Compliance with the future of financial advice (FOFA) can be easily achieved if the scope of the advice is limited, and funds are “in a unique position” to […]
Policy and Regulation

ISA campaign against bank cross-selling overlooks regulation

Industry Super Australia (ISA) research has not sufficiently addressed exemption regulation in its claim that banks have been involved in systemic breaches of the Superannuation Industry Supervision (SIS) Act, a superannuation legal expert said. ISA has taken a broad brush stroke approach to section 68A of the Act summing it up as prohibiting the offering […]

In the minds of super trustees

What is bothering trustees? Investment Magazine conducted an online poll that attracted a substantial and impassioned response, with several respondents sending us emails in addition to the poll pointing out the absence of climate change and hedging to avoid the climate bubble in the choices given below. Another put forward environmental and social governance issues […]
Investment Strategy

hedNo life after Madoff for ge fund Platypus

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