Super funds back MySuper deductibility of advice fees The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products. For more.

Crown ratings – value funds suffer while 50 see top upgrade The latest FE fundinfo Crown Ratings rebalance has revealed the degree to which the times have not suited many value funds but have nonetheless seen 50 upgrades to the top five Crown ratings. For more.

IFM maintains silence on remuneration Industry funds-owned IFM Investors has maintained its relative silence on how it remunerates its executives, arguing that a key parliamentary committee is seeking more information than is conventionally sought in other jurisdictions. For more.

Oil price fall nears 30%, prompting recession fears The price of oil fell by more than 30% yesterday, its biggest one-day drop since 1991, after a fallout between major oil-producing nations over production cuts. For more.

Advice fee bill will incentivise super switching The proposed legislation could motivate advisers to enter into ongoing fee arrangements with superannuation members, according to a super body. For more.

Most insurers struggle with social capital Failure to address weaknesses in governance and culture could result in major financial losses, according to Finity. For more.

FE fundinfo Crowns: Who lays claim to the throne? IOOF now leads the way with the most five Crown rated funds with nine, as the two double-digit five Crown funds from last year – IPAC Asset Management and Macquarie – both dropped to single digits. For more.

Praemium expands ESG options Praemium has announced the addition of the Australian Ethical Australian Shares portfolio to its separately managed accounts and introduced a new ESG screening platform functionality. For more.

Actuaries appoint new president Hoa Bui has been appointed president of the Actuaries Institute for 2020. For more.

The national opportunity that is financial planning The financial planning profession is on the cusp of a major growth trajectory as planners and professional associations unite to secure its future, writes Dante De Gori. For more.

Design and Distribution Obligations – Putting the Consumer First The implementation of design and distribution obligations to the Australian financial services industry will bring with it a range of new challenges but, as Mikkel Bates reports, there is much which can be learned from experience in other jurisdictions. For more.

Harnessing currency returns in emerging markets The close economic links between Australia and Asia can be a negative for emerging market investors with Aussie dollars, according to Adam Kibble. For more.