Articles by
Penny Pryor
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Super news for April 2023
Super performance test to be fine-tuned; Retirees withdrawing too little income; billions in unclaimed super.
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Super news for March 2023
Mixed response to super tax hike, Call to close gender super gap, Super consumer protections beefed up, ASIC clamps down on greenwashing, Latest SMSF statistics.
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Super news for February 2023
Legislating the objective of super, Quality of Advice report released, TBC to increase to $1.9 million, government urged to improve gender equity in super, ART and AV Super merger talks.
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Super news for January 2023
Quality of Advice Review handed to the government, fees and costs reduced by majority of MySuper funds, and the number of SMSF trustees disqualified rises.
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Super news for December 2022
Downsizer eligibility age lowered from 1 January, TWUSUPER and Mine Super enter merger talks, Bank-owned super funds required to disclose dividends, ASIC issues updated guidance on SMSFs, Retirement costs rise with inflation, Total superannuation assets fall, HNW investor numbers ease as assets grow, 57% pass rate for November financial adviser exam.
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Super news for November 2022
Objective for superannuation to be legislated, Vanguard Super launches lifecycle super fund, Super funds that failed performance test cut fees, AMP launches income for life account, Income limits for Commonwealth Seniors Health Card rise, SMSF data for June 2022.
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Super news for October 2022
Big shift to more conservative super options, ESG funds reach a tipping point and the Federal Treasurer announces a new investment industry roundtable.
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Super news for September 2022
Pensioners allowed to work more to boost labour market, Separating de facto couples in WA can now split super, Vanguard Super on track for 2022 launch, Biggest SMSF in Australia has over $400 million in FUM, SMSFs become more popular with younger investors, Quality of advice review proposes removal of Statement of Advice requirements, November…
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Super news for August 2022
Former Dixon clients need to make complaints ASAP, ASIC warning on super complaints handling, ATO warns of SMS scams, First RBA review in three decades announced, Early release scheme came at a real cost for millions of Australians, New research identifies lower super balances may be needed for retirement.
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Super news for July 2022
Retirement Income Covenant goes live, Super fund average performance drops, Deeming rates frozen, YFYS performance test to be reviewed, SMSF numbers continue to increase.
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Minister promises no more regulatory shock for super
In an exclusive interview the Assistant Treasurer and Minister for Financial Services, Stephen Jones, has promised no more “regulatory shock” for the superannuation sector.