NEWS AND RESEARCH
One of Australia’s largest super funds has acquired an equity stake in the institutional investment advisory firm.
ASIC is seeing an increase in misconduct exploiting superannuation, it stated in its latest annual report.
The super sector has welcomed the government’s payday super legislation, calling it a landmark step for fairer retirement outcomes.
The regulator has ordered super trustees to strengthen oversight of platform investments after member losses from failed schemes exposed governance…
The regulator has approved Cboe Australia to list new companies, introducing long-awaited competition to the ASX-dominated listings market.
The industry super fund has announced member savings have surpassed the $100 billion barrier.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Loftus Peak Global Disruption Fund Hedged
118.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
75.00 3 y p.a(%)
3
DomaCom DFS Mortgage
67.30 3 y p.a(%)
4
UBS Solactive Global Pure Gold Miners UCITS ETF Dis USD
61.11 3 y p.a(%)
5
Global X Ultra Long Nasdaq 100 Complex ETF
60.93 3 y p.a(%)
SUPERANNUATION
ASIC is seeing an increase in misconduct exploiting superannuation, it stated in its latest annual report....
The super sector has welcomed the government’s payday super legislation, calling it a landmark step for fairer retirement outcomes. ...
The regulator has ordered super trustees to strengthen oversight of platform investments after member losses from failed schemes exposed governance weaknesses....
The regulator has approved Cboe Australia to list new companies, introducing long-awaited competition to the ASX-dominated listings market....
The industry super fund has announced member savings have surpassed the $100 billion barrier....
PEOPLE & PRODUCTS
Australian Ethical has named its new head of equities, who previously spent 12 years at Perpetual....
HESTA has concluded one of the largest technology projects undertaken by an Australian industry super fund. ...
The country’s sovereign wealth fund has unveiled a flurry of changes to its leadership team, including the appointment of a key executive role. ...
With Damian Graham stepping into a new capacity within the $190 billion super fund ahead of his retirement, a global search is set to commence for his replacement....
Cbus has swiftly promoted Leigh Gavin to chief investment officer only months after naming him deputy, as the fund works towards growing in size and bringing its investme...
FUNDS MANAGEMENT
The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to foc...
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement....
A surge in electricity prices has driven the monthly Consumer Price Index to its highest level in a year, exceeding forecasts....
Infrastructure well-positioned to hedge against global uncertainty, says investment chief....
The fund manager remains positive on the outlook for gold and believes ongoing market volatility will provide opportunities to acquire small-cap stocks in promising secto...
FINANCIAL ADVICE
The super fund has launched Retirement Manager, a digital advice tool helping members plan income, spending, and retirement confidence with integrated support....
APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the s...
AMP’s chief economist has unveiled a wish list for the Australian government’s Economic Reform Roundtable....
Australian retirees could increase their projected annual incomes between 3 and 51 per cent by incorporating personal and household data into their retirement income stra...
The best interests duty and new class of adviser didn't make the cut for the pre-election DBFO draft bill; however, ASFA has used its submission to outline what it wants ...
INSTITUTIONAL INVESTMENT
One of Australia’s largest super funds has acquired an equity stake in the institutional investment advisory firm....
Passive investing is reshaping Australian equities, giving rise to a “no information trade” in which large-cap stocks swing sharply despite little or no fresh news....
RBA governor Michele Bullock warns of global trade risks as domestic inflation cools and employment remains near full capacity....
AMP chief economist Shane Oliver says investors should treat both extremes with scepticism after a week of starkly different climate projections....
The federal government’s new 2035 climate target is being billed as a signal to investors that Australia is serious about mobilising capital for the transition to net zer...
INSURANCE
The insurance company has joined this year’s awards as a principal partner....
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”....
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent....
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insu...
The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...