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More than 4600 relevant providers have yet to meet qualification standards, according to ASIC, and have only six months to meet the deadline.
Shaw and Partners Financial Services, a subsidiary of EFG International, has acquired a 75% stake in Auckland-based Investment Services Group (ISG) for NZ$67.5 million ($62.5m).
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information.
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial ...
ASIC has called on AFS licensees to bolster their fraud detection after the regulator reported a spike in share sale fraud.
The Grattan Institute has again slammed superannuation tax concessions, saying the government is losing billions in revenue for the benefit of the top 20% income earners.
Australia's largest real estate fund manager has widened its lead over competitors in the past year, according to a new industry survey.
Acenda Group is set to welcome a group chief executive, as Kent Griffin and Tim Tez announce their departures.
As more Australians drain their superannuation to pay for medical procedures, Slater and Gordon Lawyers is warning members to think twice about doing so after a Perth dentist left patients in limbo.
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