NEWS AND RESEARCH

29 May 2024 Comments
The amount needed to fund a comfortable retirement has hit a new record high, having climbed 3.3 per cent over the last 12 months.
While super funds have doubled their investments in the fossil fuel industry to nearly $40 billion, investments in clean energy companies are…
KPMG’s latest analysis found the $50–$100 billion fund cohort has been making strong strides, growing 20 per cent in the financial year 2023.
Latest statistics from APRA show fund assets have grown 11.3 per cent since March 2023.
The prudential regulator has imposed additional licence conditions on the $70 billion fund.
The strategy from Principal Asset Management looks to capitalise on increased interest in emerging market debt.

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SUPERANNUATION

The amount needed to fund a comfortable retirement has hit a new record high, having climbed 3.3 per cent over the last 12 months....

While super funds have doubled their investments in the fossil fuel industry to nearly $40 billion, investments in clean energy companies are declining, new research has ...

KPMG’s latest analysis found the $50–$100 billion fund cohort has been making strong strides, growing 20 per cent in the financial year 2023....

Latest statistics from APRA show fund assets have grown 11.3 per cent since March 2023....

The prudential regulator has imposed additional licence conditions on the $70 billion fund....

PEOPLE & PRODUCTS

The transition of services took effect last month....

The newly created role, reporting to the COO, comes amid the fund’s redesign of its operating model....

The newly created role comes amid the fund’s ambitions to be a ‘merger partner of choice’ in the superannuation industry....

The fund has announced an internal promotion to the newly created role. ...

Stockspot is aiming to launch the Australia-first vehicle in the coming months. ...

FUNDS MANAGEMENT

The strategy from Principal Asset Management looks to capitalise on increased interest in emerging market debt....

The acquisition, when completed, will see Australian Ethical grow its funds under management to circa $12.3 billion....

With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023....

There were 25 winners at the first-ever Australian Wealth Management Awards, held in Sydney last night....

Over 90 finalists have been chosen to compete at the 36th annual Fund Manager of the Year Awards....

FINANCIAL ADVICE

24 May 2024

Super funds are ramping up their financial advice offerings, with ART confirming it is already on the path to implementing a new single intra-fund advice program....

16 May 2024

The Financial Services Minister says the amendments to the SIS Act within the first QAR bill will “clarify the law to affirm the status quo”....

10 May 2024

Superannuation funds have thrown their support behind the QAR reforms but want a “clear statement” that they will not be required to check all member SOAs....

In its latest report, the corporate regulator says the deduction of advice fees has led to instances of “inappropriate erosion of members’ balances”....

Financial advice is having a significant impact on how Australians are engaging with the more complex aspects of their superannuation, new findings have shown. ...

INSTITUTIONAL INVESTMENT

While not having a strategic asset allocation might be ‘uncomfortable’ for some investors, the Future Fund believes its unique investment approach helps the fund capture ...

The sovereign wealth fund grew $11.5 billion in the March quarter, according to its latest portfolio update, having previously voiced caution about inflation’s downward t...

The property group, owned by industry super fund Aware Super, has announced two new projects with a total construction value of $320 million that will add more than 700 h...

While institutional investors, including super funds, unanimously acknowledge the energy transition as a significant challenge, their perspectives on the extent of their ...

Despite a period of increased volatility, several considerations suggest that the bull market will remain intact and the trend in shares will remain up, an economist has ...

INSURANCE

18 April 2024

The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”....

15 February 2024

The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent....

6 February 2024

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...

21 September 2023

The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member....

6 September 2023

Accusing Labor of ‘drip-feeding’ the idea to suit them politically, the Greens has announced its support for planned changes to super tax concessions will be contingent ...

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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. ...

5 months 1 week ago
Kevin Gorman

Super director remuneration ...

5 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 ...

5 months 2 weeks ago

The amount needed to fund a comfortable retirement has hit a new record high, having climbed 3.3 per cent over the last 12 months....

17 minutes 24 seconds ago

While super funds have doubled their investments in the fossil fuel industry to nearly $40 billion, investments in clean energy companies are declining, new research has ...

28 minutes 43 seconds ago

KPMG’s latest analysis found the $50–$100 billion fund cohort has been making strong strides, growing 20 per cent in the financial year 2023....

22 hours 48 minutes ago