Thu, 6th Jun 2024 - Superannuation News Wrap

What this episode covers

This week on Financial Services Online, we discuss significant shifts in Australia's financial advice sector. The Australian Financial Complaints Authority's decision to terminate Dixon Advisory's membership raises concerns regarding the handling of unpaid Dixon claims. Both the SMSF Association CEO, Peter Burgess, and the Financial Advice Association CEO, Sarah Abood, urge the government to take responsibility for these claims to maintain sector stability. There's also a noticeable increase in transfers from industry super funds into self-managed super funds, as reported by WealthData. This shift in the industry, with increased engagement from members, presents an evolving landscape in financial advice and superannuation. Stay informed with us at Financial Services Online.

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Frequently Asked Questions

How long is this episode of Superannuation News Wrap?

This episode is 2 minutes long.

When was this Superannuation News Wrap episode published?

This episode was published on June 5, 2024.

What is this episode about?

This week on Financial Services Online, we discuss significant shifts in Australia's financial advice sector. The Australian Financial Complaints Authority's decision to terminate Dixon Advisory's membership raises concerns regarding the handling of...

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