Superannuation

Shifting demographics are changing priorities for retail investors

Demographic changes are making retail investors, on average, younger and more educated – with consequences for business.

comment comment
article

The Consumer Data Right Bill: a more transparent future for your financial data

Open Banking empowers consumers to request their financial data is made available to accredited third parties such as utility providers, fintechs or other banks, leading to more transparent decision making.

comment comment
article

“No new taxes on Superannuation”. Self-managed funds hope for stability

To regain trust and stability in the superannuation industry, a long term view needs to be taken.

comment comment
article

Franking credits: government still needs to offset revenue losses

What was lost in much of the election discussion around the removal of the refund of franking credits for individuals and superannuation funds, was the tax policy issue that is trying to be addressed.

comment comment 4
article

Super funds performing strongly but will shrink in number over next five years

Given all the coverage of the Royal Commission’s criticisms of the financial services sector, you might be forgiven for thinking the superannuation sector is in a bad way. Far from it.

comment comment
article

Winx: It’s going to be a Super Queen Elizabeth II!

On Day 2 of the Championships at Royal Randwick, the highlight of the Autumn Racing Carnival, will see the final race of Australia’s champion racehorse, Winx.

comment comment
article

Personal tax cuts the centrepiece but a gender lens would be welcome #budget2019

The centrepiece of the Budget is the personal tax cuts – and it is welcome, given sluggish wage growth to see action for both lower and middle earners.

comment comment
article

Increasing regulation will lead to an acceleration in super fund mergers

In recent months there has been a lot of commentary – and regulatory exhortation – in the superannuation sector suggesting that a wave of fund mergers is imminent.

comment comment
article

KPMG comments on Protecting Your Superannuation Package Bill

The proposed changes now appear to strike a more reasonable balance for the industry. 

comment comment
article

The winds of change are blowing in superannuation: renewed emphasis on governance, culture and accountability

Regardless of how, and in what form, the Report’s recommendations are implemented, they will undoubtedly have a significant impact on the structure of the superannuation industry for many years to come.

comment comment
article

Remuneration – reducing misconduct and repairing trust

The Royal Commission has provided a blueprint for raising the bar on the design, implementation and oversight of remuneration that will have impact beyond just financial services firms.

comment comment
article

It’s a super Melbourne Cup. Understanding transformation the key to finding the winner!

It’s that time of year again – the first Tuesday in November, when we run the Melbourne Cup! Once again, I have been tasked to find the followers of this blog the winner.

comment comment
article

Superannuation rollover tax relief – let’s keep it going

One of the best recommendations in the Productivity Commission (PC) draft report on the superannuation industry was the backing the PC gave to making permanent the current temporary (until 1 July 2020) tax rollover relief for fund mergers and transfer events.

comment comment
article