NEWS AND RESEARCH

Technology

Technology

12 July 2024 Comments
Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry…
According to economists, interest rates are unlikely to rise again despite stronger-than-expected inflation data that has made Australia an outlier…
It has announced returns of more than 16 per cent across its growth and global index options.
The corporate fund says that recent changes to its Lifecycle MySuper arrangement have paid off.
The fund has credited the performance of US technology stocks, including Nvidia, for its latest annual result.
The $85 billion fund said it’s seeking to benefit from lending opportunities in the property sector.

TOP PERFORMING FUNDS

ACS FIXED INT - AUSTRALIA/GLOBAL BOND

SUPERANNUATION

It has announced returns of more than 16 per cent across its growth and global index options....

The corporate fund says that recent changes to its Lifecycle MySuper arrangement have paid off....

The fund has credited the performance of US technology stocks, including Nvidia, for its latest annual result....

The Japanese and Indian markets have helped boost UniSuper’s annual return for the financial year 2023–24....

According to Future Super and Verve Super, sustainable investment screening provided a performance boost in the last financial year....

PEOPLE & PRODUCTS

Technology

Technology

12 July 2024

Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry for contributing to the...

AMP has announced the newly created head of retirement solutions position in its platforms business....

In the role, his responsibilities will include leading Morningstar’s strategy to provide superannuation fund ratings for the first time....

A sustainable finance specialist is poised to add credence to the fund’s ethical investment approach....

Having led the fund’s advice firm for almost five years and through multiple mergers, Sarah Forman has announced her intention to leave the $170 billion fund. ...

FUNDS MANAGEMENT

The $85 billion fund said it’s seeking to benefit from lending opportunities in the property sector....

While funds acknowledge that there are asset-specific opportunities domestically, they concede that the narrowing prospects on the ASX have driven them to seek and deploy...

With expectations rising for a robust IPO market as 2025 approaches, sectors like industrials, mining, and consumer discretionary are poised to lead the charge....

The $335 billion fund attributed the result to strong growth in Australian and global sharemarkets after re-positioning its portfolios in the second half of the year....

The $84 billion fund has credited resilient sharemarkets and its exposure to the artificial intelligence rally for its strong performance in the financial year 2024....

FINANCIAL ADVICE

4 July 2024

The first Delivering Better Financial Outcomes bill passed the Senate on Thursday afternoon before sailing through the House of Representatives a few hours later as a mat...

4 July 2024

Minister Stephen Jones has made amendments to the first Delivering Better Financial Outcomes (DBFO) bill, giving superannuation trustees greater legal certainty. ...

18 June 2024

The SMC has come under fire over the past week following a statement in which its CEO referred to advisers as “dodgy”....

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”....

INSTITUTIONAL INVESTMENT

Stafford Capital has secured a $220 million mandate, its second co-investment with a super fund in recent weeks....

The $83 billion industry super fund is continuing its strategic partnership with a boutique investment firm. ...

The fund has acquired a 19.8 per cent interest, alongside QIC, in the owner of the largest toll road network in Victoria....

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...

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. ...

6 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

6 months 4 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 ...

6 months 4 weeks ago

Submissions and nominations have opened for the inaugural Momentum Media Australian AI Awards 2024, which champions the wealth management industry for contributing to the...

1 day 1 hour ago

According to economists, interest rates are unlikely to rise again despite stronger-than-expected inflation data that has made Australia an outlier among the G10....

2 days ago

It has announced returns of more than 16 per cent across its growth and global index options....

3 days ago