How should trustees address the Retirement Income Covenant?BY KATRINA BACON, CECILIA STORNIOLO | FRIDAY, 22 APR 2022 2:22PM As Australia's population ages, there is a greater need for superannuation funds to address the needs of the retired and retiring population. According to APRA's Annual ... Get articles like this delivered to your email - Sign up for the free weekly newsletter  More Articles |
Latest News
Advisers to cop additional $190m CSLR levy
The Compensation Scheme of Last Resort (CSLR) has increased the estimated FY27 levy to be paid by all financial services sub sectors to $198.1 million, a $60.7 million increase from its initial estimate announced in November 2025.
WT Financial bets on scaling advice practices
WT Financial (WTL) is betting on scaling advice practices by consolidating its Hubco strategy, under which it is selling its consumer-facing subsidiaries to its first Hubco investment, Titan Advice Group (TAG).
AAT shortens financial adviser's five-year ban
Financial adviser Christian Henry has scored a partial win in reducing ASIC's five-year ban on providing personal financial advice to three years upon appeal.
Nominations open for the 2026 Power50
Nominations for the 2026 Financial Standard Power50 are now open as we recognise the country's most influential advisers who continue to raise the standards for the profession and provide outstanding service to clients and the wider community.
Further Reading
Cover Story
Advice with soul
SACHA BURCHGART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
FOUNDER AND FINANCIAL PLANNING SPECIALIST
BURCHEART
Though she initially tried, Sacha Burchgart couldn't escape the call of a career in financial advice; it just took staring down her own mortality to see what's possible when you do things differently. Jamie Williamson writes.
Expert Feed
A governance dashboard is not a governance framework
Research houses are now offering monitoring tools to the licensees who use their ratings. The tools are useful. They do not discharge the governance obligation ...
The global advice gap: why expat clients are harder to serve than they appear
Many Australians are building wealth abroad before ultimately returning home for retirement.
Helping clients stay the course in volatile markets
Fidelity International's recent research shows many investors are maintaining a "long-term" perspective despite recent market turmoil.
Genetic testing reform is here. What advisers need to do next
The reform not only eliminates the impact from genetic tests but also the underlying health risks for those that chose to "stay in the dark".
Where are financial planners in this process? We're massively busy helping our retirees and pre-retirees achieve their outcomes and through regular reviews make sure we stay on track. I am very interested to see how this will roll out. So far I cannot see how this is NOT financial advice, nor do I understand why trustees are suddenly expected to provide a range or retirement options to members without becoming liable for advice that may have seemed appropriate at the time but looks different 10 or 20 years later. So will this force product providers to have their own tied advice team? If so, I see another Royal Commission down the track with another vertically integrated sales force on the ropes.