royal commission

6 results tagged "royal commission":
amp retail superannuation funds royal commission

AMP refunds customers into new high-fee super accounts

AMP has placed money owed to former corporate superannuation customers into new accounts run by its own high-fee, low-return eligible rollover fund (ERF). The small amounts of money will struggle to grow, burdened by high AMP ERF fees that suppress ... More
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Bad super funds are named and shamed by APRA's heat map

The blowtorch has been applied to bad MySuper superannuation funds with the launch of with a new colour coded heat map from the superannuation fund regulator, APRA. APRA's heat map makes it easier for superannuation fund members to identify superannuation ... More
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Simple steps to protect against elder financial abuse

Elder financial abuse comes in many forms. Often it's perpetrated by children impatient to receive their inheritance, or worried that it will be too eroded by the time they get it. Other times it can be the hand of a financial adviser who, against ... More
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big four banks reporting season profit shares

Beware a tax bill on your royal commission compensation

Since the recent banking royal commission, there has been a spike in compensation payments paid to investors by financial institutions. But did you know that these payments could be taxable? The way tax law applies to such payments is complicated because ... More
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