July 30, 2018

ASIC takes aim at super industry

ASIC Chair James Shipton has laid the groundwork for the regulator to play a far more activist role in overseeing the superannuation industry. In a speech to the Financial Services Council Summit, he spoke of “deficit trust” facing the finance

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SMSF Association draws a line in the sand over costs

The SMSF Association has taken issue with the Productivity Commission’s draft findings about the cost effectiveness of self-managed super funds (SMSFs), arguing the evidence used to reach this conclusion is “fundamentally flawed”. And the Commission’s focus on costs also fails

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Finding the right balance between equity income and growth

Long-standing domestic equity manager Australian Foundation Investment Company (AFIC) has made significant changes to its $7.3 billion portfolio in a bid to find the right balance between dividend and capital growth. AFIC’s 2017-18 financial report shows that it had to

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