Super funds brace for complaints influx amid regulatory adjustments

As the merger dust settles and a raft of regulatory changes come into effect in the next 18 months, complaints management looks to be a continued challenge for super funds, according to two superannuation lawyers.

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Super switching breach leads to FSCP reprimand

The Financial Services and Credit Panel’s first determination for 2024 is due to a relevant provider receiving “soft benefits” under a commercial agreement with a superannuation switching cold-calling operator.

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Are super funds gearing up for innovation in retirement planning?

As regulators spur funds to focus on Australia’s ageing population and overseas players voice their interests, professionals expect a boost in innovative activity in super.

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Australian Ethical teams up with specialist manager for infrastructure debt fund

The ethical asset manager has launched an infrastructure debt fund in association with specialist manager Infradebt.

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$120bn fund announces key appointment

UniSuper has announced the appointment of a new chief risk officer.

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Education a must for ‘qualified advisers’, says CEO

The chief executive of the FAAA has reiterated the possibility that superannuation funds may become a breeding ground for future advisers.

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MySuper assets surge to $1tn

According to the prudential regulator’s latest annual statistics, total MySuper assets are approaching $1 trillion while the number of funds with more than six members has declined by 40 per cent over the last five years.

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Cbus announces new head of stewardship

The $85 billion fund has welcomed a former BlackRock executive to lead stewardship within its responsible investment team.

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Equity Trustees expands super division with new clients

Clearview and Guild have selected the independent superannuation trustee for their respective retirement funds.

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APRA to double down on superannuation oversight in 2024

Super funds can expect further scrutiny on areas like unlisted assets and retirement income, as APRA announces its supervision and policy priorities for the next six months.

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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. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 months 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 ...

1 year 7 months ago

Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Me...

14 hours 55 minutes ago

The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level...

15 hours ago

The Commonwealth Bank has warned that uncapped superannuation concessions may be “unsustainable” and has called for the introduction of a superannuation cap....

15 hours ago