NEWS AND RESEARCH

7 December 2023 Comments
APRA has imposed additional licence restrictions on NGS Super, which suffered a cyber attack in March this year.
Super funds feel under “enormous pressure” from the regulator to simul...
The Super Members Council of Australia, the newly merged AIST and ISA ...
Financial software firm Bravura has appointed two chief executives for...
Superhero has announced three senior hires as it updates its superannu...
Minister for financial services, Stephen Jones, has unveiled details a...

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND

SUPERANNUATION

APRA has imposed additional licence restrictions on NGS Super, which suffered a cyber attack in March this year....

Super funds feel under “enormous pressure” from the regulator to simultaneously cut member fees and meet new regulatory requirements with 48 different pieces of regulatio...

The Super Members Council of Australia, the newly merged AIST and ISA body, has voiced its support for payday superannuation following the government’s consultation....

Superhero has announced three senior hires as it updates its superannuation offering with a wider investment range and member features....

Treasurer Jim Chalmers has announced the government will soon consult to improve the superannuation performance test amid claims that it disincentivises sustainable inves...

PEOPLE & PRODUCTS

7 December 2023

Financial software firm Bravura has appointed two chief executives for the Asia-Pacific and EMEA regions....

6 December 2023

With Future Group acquiring 100 per cent of the female-focused fund, Verve Super chief executive Christina Hobbs shares with Super Review how its advocacy and investment ...

6 December 2023

Corporate super fund Qantas Super and union Australian Services Union have issued updates on the potential merger, highlighting the fund is unlikely to grow on its own....

5 December 2023

The $75 billion superannuation fund has welcomed a new chief financial officer and director to its board, with both commencing in 2024....

5 December 2023

The Responsible Investment Association of Australasia has identified 10 super funds that are leaders in responsible investment and ESG, eight of which are industry funds ...

FUNDS MANAGEMENT

Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, accord...

Fund managers believe the move to internalisation has meant a greater focus on internal teams and less on the chief investment officers, according to Frontier, as it iden...

Months into potential merger talks at the request of significant shareholders, the two industry super fund-owned firms have now offered an update on the state of affairs....

Over 65 per cent of flows into the $4.3 trillion funds management industry come from superannuation, according to a report by KPMG and the FSC, but unintended consequence...

Sydney-based Maple-Brown Abbott has been selected to execute a new Australian active small caps mandate in the sovereign wealth fund’s $65 billion listed equities program...

FINANCIAL ADVICE

6 December 2023

Minister for financial services, Stephen Jones, has unveiled details about what areas superannuation funds can charge members for advice as well as confirmed they can ‘nu...

29 November 2023

Making concessional and non-concessional contributions to superannuation funds are among the most common queries asked by financial advisers, according to AMP....

22 November 2023

Minister for Financial Services, Stephen Jones, has doubled down on his plans for super funds to provide advice, saying they need to ‘step up’ when it comes to advice for...

15 November 2023

The government’s first consultation on its Delivering Better Financial Outcomes reforms includes clarification for super funds around paying for financial advice through ...

6 November 2023

Expand your cultural literacy through research to gain the trust of clients from diverse backgrounds, super funds have been told....

INSTITUTIONAL INVESTMENT

AustralianSuper has usurped the Future Fund as the biggest Australian asset owner, jumping from 43rd to 36th place globally, according to an annual study by the Thinking ...

AustralianSuper has usurped the Future Fund as the biggest Australian asset owner, jumping from 43rd to 36th place globally, according to an annual study by the Thinking ...

IFM Investors, the global institutional asset manager owned by superannuation funds, has signed a memorandum of understanding with the UK government to invest £10 billion...

Global investor confidence has seen a muted rise of 0.9 points in September, compared to double-digit gains in the previous month. ...

The super fund has written to the board chair and chief executives of ASX 300 companies with its four key priority expectations ahead of the 2023–24 annual general meetin...

INSURANCE

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 ...

2 August 2023

MLC Life Insurance believes life insurers should be able to provide advice under the Quality of Advice Review in the same way as superannuation funds....

20 July 2023

The regulator has reached out to the Insurance Council of Australia, Council of Australian Life Insurers, and Financial Services Council about its review of over 100 TMDs...

21 June 2023

Low levels of financial literacy and engagement among super fund members are leaving them at risk of losing their insurance cover....

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