Hume lashes IFM Investors over $12.7m bonus Industry funds-backed IFM Investors has taken a lashing from the Assistant Minister for Financial Services, Senator Jane Hume, over its payment of $12.7 million bonus to a director. For more.

Would you work for a super fund if your salary was at penalty risk? Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation industry. For more.

What did you think of the FASEA exam? Money Management is seeking feedback from advisers on their thoughts and impressions of the FASEA exam, whether they have sat it or plan to. For more.

Appropriate level of contributions must be set: QMV The superannuation industry needs to shift its focus from the minimum super guarantee level to appropriate contribution levels based on members’ profiles, according to QMV. For more.

TAL launches natural disaster training course The course would help financial advisers support clients impacted by natural disasters. For more.

Asian currencies shrug off coronavirus fears The threat of the coronavirus is failing to have a significant effect on currency volatility as implied volatility in Asian currencies has fallen. For more.

SMSF auditors under fire The corporate watchdog has moved to disqualify, suspend, and add conditions on six self-managed superannuation fund auditors. For more.

ASIC welcomes reforms expanding its role in super The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have welcomed the proposed reforms aimed at increasing the role of ASIC in superannuation. For more.

Objectively, Hayne barely earned a pass mark Much of the commentary attaching to the first anniversary of the Hayne Royal Commission recommendations has tended to flatter what was, objectively, a flawed outcome thoroughly undeserving of receiving a Government rubber-stamp, Mike Taylor writes. For more.

InFocus: DDO – the devil is in the detail Mike Taylor writes that advisers need to be alert to the current discussion around the Australian Securities and Investments Commission’s proposed new design and distribution regime because it imposes onerous obligations. For more.