A fintech leader has said that AI technologies will have profound implications for the superannuation sector.
The Central Bank of Ireland has granted the approval of Equity Trustees’ exit from its Irish operations, with the transaction expected to be complete on 30 April.
Super returns continued to climb in March, raising hopes of delivering double-digit returns by June depending on the performance of this next quarter.
The dedicated super fund for emergency services and Victorian government employees is under fire for unpaid entitlements to transport employees, which could exceed $40 million.
The Association of Superannuation Funds of Australia has tapped an experienced public policy executive as head of policy and advocacy.
In a Senate submission, the Financial Services Council said super funds should be able to nudge members on engaging with their super and has cautioned against default placements.
All merger proposals will have to be approved by the consumer watchdog under the sweeping merger reforms announced by the government on Wednesday.
The firm has welcomed an experienced financial services executive, who helped establish Vanguard's superannuation business, as its new chief financial officer.
New research has shown Australians are retiring at their oldest age in over 50 years.
The $8.9 billion fund has tapped a fintech company headquartered in Rotterdam as investment performance consultant.