Mega fund sharpens focus on AI amid technological transformation

One of Australia’s largest funds is embracing generative artificial intelligence in its latest technological transformation, which includes the establishment of a dedicated AI engineering team.

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Former APRA deputy chair joins ART board

The mega fund has announced two new appointments to its board, including the former deputy chair of the prudential regulator and a former secretary to the Australian Treasury.

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Super returns climb for fourth month in a row

New data indicates a continued upward trajectory in fund returns, notching a considerable 9 per cent since November.

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Bullock quashes claims of RBA’s ‘pivot to neutral’ though economists remain optimistic

The Reserve Bank of Australia has held rates in its March meeting, but for the first time in a while, economists rejoiced in a perceived “dovish” tone from the bank.

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RBA makes second rate call of 2024

The central bank has announced its second interest rate decision since a major revamp.

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Government consults on $3m tax calculation amendments

Treasury is calling for submissions on its draft regulations in relation to the calculation of the proposed Division 296 tax.

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Mercer flags super funds’ ‘underdeveloped’ Choice menus

There is a need for Australia’s superannuation funds to simplify their investment menus, according to the firm, given over a third of funds have more than 30 options, of which one or more are “arguably subscale”.

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Morningstar increases scope to superannuation ratings

The research house is set to offer research ratings of superannuation funds for the first time amid growing demand from financial advisers.

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How is ART navigating its portfolio exposures to China?

Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.

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10 years of MySuper, what have members gained?

Initially intended to offer a “simple, cost-effective” option for Aussies invested in default fund options, a super consultant has weighed in on what the scheme has actually done for members.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

4 months 1 week ago
Kevin Gorman

Super director remuneration ...

4 months 2 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months 2 weeks ago

Blue Owl Capital, a US asset manager with its eye on ‘marquee investors’ like super funds, has announced the appointment of a senior Future Fund executive as its newest m...

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Australia’s second-largest super fund has confirmed it is expanding its presence in the UK following significant investment in the region....

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While the Financial Advice Association Australia said it supports a performance testing regime “in principle”, it holds reservations about expanding this scope to retirem...

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