Super industry bodies have questioned claims made in the government’s retirement income paper that a large proportion of retirees will die with money still in super, saying it’s “self-interested” to encourage them to withdraw more cash.
Super industry bodies have questioned claims made in the government’s retirement income paper that a large proportion of retirees will die with money still in super, saying it’s “self-interested” to encourage them to withdraw more cash.
Super incapable of self-regulation after junking ethics code afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
AFA chief blasts advocacy group’s ‘baseless claims’
AFA chief blasts advocacy group’s ‘baseless claims’
The head of the AFA has slammed a consumer finance advocacy group for its lack of understanding of the advice industry, questioning why the organisation was handed more than a million dollars in government funding for the coming financial year.
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In a LinkedIn post on Friday, AFA acting chief executive Phil Anderson said recent comments made by Labor senator Jenny McAllister in Parliament around “shonky advisers” – which the association has said amount to vilification of practitioners in the industry – had come directly as a result of a recent submission from advocacy group Super Consumers Australia.
AFA chief blasts advocacy group s baseless claims on SMSF recommendation smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.