Should different YFYS metrics apply for sustainable funds?

There are concerns investment approaches like screening and impact investing could result in tracking errors that inadvertently put sustainable and ethical funds on the back foot in the YFYS performance test.

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New head for Future Fund private equity team

David Bluff, a former partner and managing director of The Carlyle Group, is set to lead private equity at Future Fund.

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How can the $3m super tax proposals be improved?

Indexing the $3 million threshold and using actual earnings to calculate tax are among suggestions from associations to the Treasury super concession consultation, described as a “tax grab” in its current state.

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Super funds investing at least $25bn in fossil fuel expansion

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling climate change.

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UniSuper appoints Revolution Asset Management to manage debt portfolio

The $115 billion super fund has appointed specialist asset manager, Revolution Asset Management, to oversee its private debt portfolio in Australia and New Zealand.

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Over 50 super product registrations in Q1: APIR

The first quarter wrapped up 9 per cent higher on financial product registrations than the five-year rolling average for the same period, with superannuation products leading the charge.

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Has APRA ‘destroyed trust’ in the YFYS test?

According to this senior adviser, APRA’s ‘politicisation of regulation’ has led to issues with the YFYS test.

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Keeping ‘best interests duty’ could protect super fund members: AIST

If safe harbour provisions are removed, the existing ‘best interests duty’ could ensure super fund members are not taken advantage of, according to the Australian Institute of Superannuation Trustees.

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Jones confirms extension of YFYS test beyond MySuper

Minister for Financial Services, Stephen Jones, has confirmed he expects the Your Future, Your Super performance test to be extended by 800 funds from August.

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Director banned for promoting illegal early release of super

ASIC had banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or pay personal debts.

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