The central bank has announced its first interest rate decision since a major revamp, which will see the board meet eight times a year instead of the original 11.
Four in five Australian pre-retirees don’t feel prepared for retirement, according to the latest data fr
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.
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.
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.
The ethical asset manager has launched an infrastructure debt fund in association with specialist manager Infradebt.
UniSuper has announced the appointment of a new chief risk officer.
The chief executive of the FAAA has reiterated the possibility that superannuation funds may become a breeding ground for future advisers.
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.
The $85 billion fund has welcomed a former BlackRock executive to lead stewardship within its responsible investment team.