According to Insignia CEO, Renato Mota, opening the advice arena to super funds alongside technological advances, can help a largely underserved “middle Australian” population from falling through the cracks of financial advice.
As women assume leadership roles, it is essential for them to scale their impact by mobilising team members to create value for their organisation, according to an REA Group executive.
Two major reports have assessed Australia’s rank on the global superannuation stage and what the country can do to improve its ranking next year.
Prime Super chief executive, Lachlan Baird, is to depart the $6.7 billlion fund after almost two decades.
Mercer Investments is to provide investment management to members of ING super fund Living Super, which is set to transfer via successor fund transfer into OneSuper.
As it endeavours to strike a balance between implementing a clearer and simpler regulatory framework while still holding industry to account, the prudential regulator has shared its take on claims of ‘overregulation’.
Over 65 per cent of flows into the $4.3 trillion funds management industry come from superannuation, according to a report by KPMG and the FSC, but unintended consequences have arisen from the performance test.
A new report has discovered that superannuation fund member loyalty has reached its strongest peak in three years, driven by trust and competitive fees.
Australians researching the term ‘retirement planning’ have risen by over 50 per cent in the last month, according to Aware Super, as the fund encourages members approaching retirement to seek personal advice.
The fund’s new lifetime pension product is designed to provide a layer of income protection while helping maintain savings when used in conjunction with its account-based pension.