Media release from ISN says new reforms to the financial advice industry are set to double the number of Australians accessing financial advice and increase private savings by $130 billion, according to a new report by Rice Warner Actuaries. The report also shows that financial adviser numbers will remain broadly stable.
To view the Rice Warner report click here.
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Media Release by ISN shows the new rules issued by the Government on the delivery of ‘intra-fund’ advice will make financial advice more accessible and more affordable for ordinary Australians.
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Media Release by Industry Super Network congratulates the Australian Government on the introduction of the best interests test and provisions prohibiting the payment and receipt of conflicted remuneration as part of the Corporations Amendment (Further Future of Financial Advice Measures) Bill 2011 introduced to Parliament today.
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In a media release today, Industry Super Network congratulates the Australian Securities and Investments Commission (ASIC) on the launch of its new Financial Decisions at Retirement guide and improved online calculator, MoneySmart Retirement Planner. ISN believes the tools will greatly increase Australians’ access to financial information and education on superannuation and how they can best save for their retirement.
Read the Media Release here.
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Industry Super Network has welcomed the introduction of the MySuper Core Provisions Bill which sets out the basic architecture for default superannuation funds from July 2013.
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