A by-product of the cost-of-living crisis: Retirement, delayed
Inflation is one of the major risks any provider of retirement solutions needs to effectively address, but inflation is having another, possibly unexpected impact on retirement: concerns over the rising cost of living are beginning to cause people to think about retiring later.
July 05, 2024
June adviser exam sees 70pc pass rate
Around 70 per cent of candidates have passed the 25th adviser exam, which was held in June, according to an update from ASIC.
July 05, 2024
‘Huge victory for common sense’: Advice sector gets DBFO win
The first DBFO bill has passed with amendments to the controversial section 99FA of the Superannuation Industry (Supervision) Act. While the changes have been welcomed by the advice sector, along with the Super Members Council, the opposition has reminded the government they were defending the bill only weeks ago.
July 04, 2024
IFS and Kaplan partner on proposed education solution
Industry Fund Services and Kaplan Professional have partnered on a proposed education solution to develop future talent.
July 04, 2024
Tax adviser breach reporting rules tread unfamiliar ground
Financial advisers with a tax agent registration will soon need to comply with new breach reporting laws, but Tom Ravlic writes despite this regime focusing only “significant” breaches of the TPB’s Code of Professional Conduct, there is no explanation for how this is defined.
July 04, 2024
TelstraSuper returns 9.6pc in FY24 for default MySuper
TelstraSuper has posted a 9.6 per cent return for its MySuper Growth option in FY24, which is the investment option that applies to all members below age 50 who do not make an investment choice.
July 04, 2024
Aware Super reports 11.02pc FY24 MySuper return
Aware Super has reported an 11.02 per cent return for its High Growth accumulation option in FY24, the default members aged 55 and under with the fund’s MySuper product, which has a lifecycle design.
July 04, 2024
CFS posts double-digit returns for MySuper in FY24
Colonial First State has delivered double-digit returns in the FY24 for its MySuper balanced and growth funds.
July 04, 2024
It’s later than I think, but I still have many rivers to cross
When Jason Andriessen was just 46 he was diagnosed with young-onset Parkinson's Disease, but that diagnosis turned out to be incorrect and his true situation was revealed. In the face of a life-ending illness, Jason reflects on life, coping with drastically changed circumstances, and the role of financial advice in helping clients like him.
July 03, 2024
FAAA awards open for nominations
Nominations are now open for the 2024 Finance Advice Association awards, and members are encouraged to apply for an award themselves or to nominate fellow members who they believe deliver the highest standards of financial advice to Australian consumers while also serving their community.
July 03, 2024
Stop sharing passwords and lose unnecessary software
Advice firms and licensees should quit sharing passwords and declutter unnecessary software to help improve cybersecurity, the Professional Planner Licensee Summit has heard.
July 03, 2024
AustralianSuper delivers 8.46pc MySuper return in FY24
The nation’s largest superannuation fund, AustralianSuper, has returned 8.46 per cent in its MySuper Balanced investment option, and 10.2 per cent for High Growth in FY24.
July 03, 2024
