Link Group has appointed Gail Pemberton as an independent non-executive director as it focuses on its Retirement and Superannuation Solutions business.
Superannuation members have much to gain from impact investments, Rest believes, as the industry super fund targets a 1 per cent allocation towards this strategy by 2026.
AMP’s chief economist Shane Oliver has shared his forecast for superannuation fund returns in 2023, although he warns there is still a recession risk for next year.
Australian superannuation funds have welcomed the Delivering Better Financial Outcomes reforms as a “big win” to provide expanded advice services, including the ability to ‘nudge’ their members.
Superannuation funds have bounced back after three months of losses, with November seeing strong returns into the holiday period.
APRA has imposed additional licence restrictions on NGS Super, which suffered a cyber attack in March this year.
Superhero has announced three senior hires as it updates its superannuation offering with a wider investment range and member features.
Financial software firm Bravura has appointed two chief executives for the Asia-Pacific and EMEA regions.
The Super Members Council of Australia, the newly merged AIST and ISA body, has voiced its support for payday superannuation following the government’s consultation.
Super funds feel under “enormous pressure” from the regulator to simultaneously cut member fees and meet new regulatory requirements with 48 different pieces of regulation seen in the past quarter.