The corporate regulator has criticised super funds for a lack of oversight of advice fee deductions, despite its own review finding 94 per cent of the advice sampled had no adverse consequences for members. The findings come amid industry debate over the Delivering Better Financial Outcomes bill and how much due diligence trustees will be required to conduct.
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We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
Regulation
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