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Australia’s workers the winners in Government financial advice reforms
by Industry Super Network - 26 April 2010
Industry Super Network (ISN) today welcomed the Federal Government announcement that it would reform Australia’s financial planning industry in line with best practice public policy and consistent with international financial services sector reform.
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Global shift towards commission free financial advice gathers pace with UK ban
by Industry Super Network - 31 March 2010
Industry Super Network (ISN) has welcomed news that the UK government regulator, the Financial Services Authority (FSA) has banned commissions on financial advice in Britain.
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Not for profit super funds dominate superannuation “league tables” – more proof of market failure in super
by Industry Super Network - 25 March 2010
Today’s release of Australian Prudential Regulatory Authority (APRA) performance data has again highlighted the market failure of Australia’s super system. The data is evidence of the phenomenon that in super: “the more you pay, the less you get”.
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Financial planners seek to rebrand commissions
by Industry Super Network - 25 September 2009
Its fair to say the financial planning industry is not having a good GFC. Storm, TimberCorp and Great Southern have compounded growing concern about the ‘structural corruption’ of the commission system inherent in the financial planning industry. As the tide went out, financial planners were caught without their swimmers on, and the view from the beach has been ugly.
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Six Tips to Take Control of Your Super
by Industry SuperFunds - 23 September 2009
Most super members don’t actively manage their super investments. But, as members open their annual statements, Industry Super Network Executive Manager, David Whiteley, offers six simple tips to help members take control of their super.
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