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The legislation will take effect next month. The incoming retirement income covenant (RIC) won’t prevent registrable superannuation entity (RSE) licensees from offering financial product advice,
Wayne Byres discussed the sector at a FINSIA event. Australia’s $3. 5 trillion superannuation savings pool is a key asset, but the “system can be better”, the APRA chair has said. Addressi
A “wave of grey” is creating opportunities for financial advisers as the number of Australians expected to retire in the next five years increases to 500,000, according to Challenger.
The corporate collective investment vehicle and the retirement income covenant have sailed through Parliament. Following bipartisan support, legislation to implement a corporate collective investm
An Australian group has called on the government to look at new solutions to guarantee trusted guidance for consumers. In its Budget submission, Super Consumers Australia argued that all Australians