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08 April 2019 • By Eliot Hastie • 1 min read

Inquiry recommends against franking credit removal

The inquiry into Labor’s policy to remove refundable franking credits has recommended against its removal. The inquiry's chair, Liberal MP Tim ...

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Legislation lets APRA weed out underperforming funds

New legislation has passed through the government giving APRA stronger powers to take action against the trustees of underperforming super funds

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Budget targets super fund mergers, seniors and policing

The federal budget has pulled together a number of key changes for the superannuation industry in the aftermath of the royal commission, with tax ...

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Government introduces new super flexibility

On the eve of the budget, the federal government has introduced new measures that will allow Australians to boost their retirement savings as they ...

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ANZ claims it made ‘zero’ profit on super product 

The major bank has downplayed the impact to its bottom line of a super fund that was sold through branches before ASIC intervened. ANZ’s Smart ...

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Underperforming funds under the microscope

APRA has released its expectations of superannuation licensees and its areas of focus for the year ahead and have highlighted underperforming fund as ...

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Australia still attractive despite Hayne pain: Cerulli

While the royal commission has led to significant reputational damage for financial services, the nation’s $2.7 trillion pool of superannuation assets ...

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Industry super funds investing in Saudi weapons

New disclosures have revealed that Australian industry super funds are a major investor in a company at the centre of an arms deal to supply weapons ...

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Flexstone, Hostplus launch US private equity program

Hostplus has teamed up with global private investments firm Flexstone Partners, an affiliate to Natixis Investment Managers, to start a US private ...

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APRA to consider a ‘worse in show’ list

APRA has announced that it will watch super funds more closely and has not ruled out naming and shaming underperforming funds.  APRA’s deputy chair ...

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