Following allegations by an adviser that Vision Super refused to work with his offshore assistant due their “non-Australian” accent, the fund has defended its position, which, it said, adheres with the law.
While Australia’s largest super funds are increasingly bringing investment management in-house, Brighter Super is charting a different course as it continues to grow.
Australia’s superannuation industry has welcomed the appointment of Dr Daniel Mulino as Assistant Treasurer and Financial Services Minister.
The industry superannuation fund-owned global private markets manager has finalised a landmark partnership with a UK pension fund.
The Prime Minister has announced his new ministry, including the replacement for the newly retired Stephen Jones.
The Australian Securities Exchange (ASX) has proposed a suite of reforms to bolster the competitiveness of Australia’s public markets and stem the decline in listed companies, arguing that targeted regulatory changes could unlock investment and attract a new wave of IPOs.
As local regulators warn of emerging risks tied to investors’ growing participation in private markets, a Queensland-based fund has described the segment as “crucial” for portfolio resilience.
Volatile markets driven by shifting US tariff policy failed to rattle Australia’s superannuation system in April, with balanced options inching upward.
Amid a volatile month for global markets, the State Street Risk Appetite Index improved slightly to return to neutral (0.0) by the end of April, up from -0.09 the month before.
MLC is leaning on its asset allocation and diversification expertise to navigate rising global uncertainty and seize opportunities amid the chaos.