AvSuper updates member investment objectives

AvSuper has updated the investment objectives of two options in light of improved expected long-term returns and made changes to its advice provision to members.

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A busy 2023 for the super industry

Coming to the end of 2023, Super Review looks back on what marked a busy year for the industry, including a number of noteworthy consultations and legislation.

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Former director imprisoned for dishonest conduct

ASIC has sentenced former director Mudasir Mohammed Naseeruddin over four years imprisonment for ‘egregious conduct’ and dishonestly obtaining client funds from six investors’ SMSF accounts.

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Government selects super consumer advocate for $5m grant

A consumer advocacy group has been awarded a $5 million grant towards supporting policy development and improving member outcomes in the superannuation sector.

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Aussies call for redefining retirement for a longer lifespan

Over half of Australians hope to live to 100 years, according to MetLife, and 90 per cent believe retirement should be redefined to account for a longer lifespan.

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Australian Unity embarks on trustee business strategy with hire

Australian Unity has appointed an executive general manager for trustees within its wealth and capital markets platform as it embarks on the next stage of its trustee business strategy.

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Prime Super chooses next custodian

Prime Super has appointed a new custodian as the fund’s current provider of custodial services NAB Asset Servicing winds down its operations.

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Super funds report ‘tremendous’ November performance

Strong share markets have propelled positive superannuation fund performance across all risk categories in November and could mean this year’s annual returns offset 2022 losses, according to Chant West.

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Mine Super and TWUSUPER unveil name

One year on from the merger announcement, Mine Super and TWUSUPER have confirmed the name of their merged fund, due to be completed in mid-2024.

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FEAL appoints director as Hostplus’ Watson retires

FEAL has appointed a director to the board to replace Hostplus’ group executive of member experience Paul Watson who leaves after 17 years.

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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

The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer....

1 hour ago

The best interests duty and new class of adviser didn't make the cut for the pre-election DBFO draft bill; however, ASFA has used its submission to outline what it wants ...

1 hour ago

Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets cam...

1 hour ago