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Super complaints excluded from AFCA’s updated compensation caps
The Australian Financial Complaints Authority has updated the monetary limits and compensation caps for the complaints it receives from January 2024 onwards, which notably exclude superannuation complaints.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Millions of Australians lose by leaving savings in default MySuper funds
More than 5.2 million young Australians are missing out on higher superannuation returns by investing their retirement savings in default MySuper accounts, according to research from Innova Asset Management.
Tech stocks bolster Hostplus’ ‘solid’ CY23 returns
Well-performing listed tech stocks were a key contributor to its calendar year 2023 returns, the fund told Super Review, as it shares its investment areas of interest for the year ahead.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Former UniSuper CEO joins CSLR board
Kevin O’Sullivan, who served as chief executive at the $124 billion fund for eight years, is to commence immediately on the Compensation Scheme of Last Resort’s transitional board.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Industry body warns super fund advice fee proposal ‘too narrow’
In its submission to Treasury, the Association of Superannuation Funds of Australia has said the government’s proposed fee provisions are “too narrow” to be effective.
AUTHOR
Keith Ford
Financial worries overshadowed by confidence in super
A recent survey of over 1,000 Australians has identified super as a source of comfort about their financial wellbeing in the future, even as millions currently grapple with the cost-of-living crisis.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Deloitte’s Mason calls time on 40-year superannuation career
Well wishes have been pouring in for the superannuation veteran, who formally retired at the end of 2023 after more than four decades in the industry.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Treasury unveils final policy design for climate reporting reforms
The Treasury has opened a consultation on the final policy design of corporate climate-related financial disclosure requirements, outlining what super funds will need to do.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
UniSuper head of fixed interest departs
Robert Hogg will be stepping down from his role at the $124 billion super fund to join an Australian fund manager as its new group CIO.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
HESTA announces double-digit return for 2023
The $77 billion fund has reported a double-digit annual return from its Balanced Growth investment option in 2023 and elaborated on how it plans to stay agile amid challenging market conditions.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
