A former banking chief executive has been appointed as chair at Equip Super as Danny Casey steps down after six years.
Amid recent talk of liquidating the $260 billion sovereign wealth fund to pay down government debt, former RBA governor, Ian Macfarlane, has described how the move would be a “sign of desperation and irresponsibility”.
APRA has broken down the total super assets and member demographics of its MySuper products, providing insights into the make-up of the superannuation sector.
Cbus has made changes to its strategic asset allocation, completely removing an allocation to global real estate investment trusts from the majority of its investment options.
FSC chief executive, Blake Briggs, is calling for CGT relief to be extended to trustee-directed products to prevent members from being left in underperforming funds for tax reasons.
SuperRatings has released the latest data for superannuation fund performance in the third quarter of 2023.
The Future Fund has appointed two new deputy chief investment officers in a management shake-up.
The corporate regulator’s crackdown on SMSF auditor misconduct continued in the third quarter, with ASIC taking action against 11 auditors who were all referred by the Australian Tax Office.
TAL has appointed a new chief executive of group life and retirement who has been at the firm for more than 20 years.
A superannuation trustee accused of taking $165 million from beneficiaries as part of a grandfathering commission “scheme” said the allegations were “inaccurate, unfair and contrary to principle”.