Jones approves member ‘nudges’ and outlines advice charging model

Minister for financial services, Stephen Jones, has unveiled details about what areas superannuation funds can charge members for advice as well as confirmed they can ‘nudge’ their members to take action.

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Industry reacts to Government's YFYS performance test concerns

Treasurer Jim Chalmers has announced the government will soon consult to improve the superannuation performance test amid claims that it disincentivises sustainable investment from funds.

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The ‘canary in the coalmine’ of super complaints

ASIC’s senior executive leader of superannuation and insurance Jane Eccleston believes super funds should be viewing complaints as a “canary in the coalmine” for systemic issues at their funds.

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Why Australia’s retirement ecosystem needs ‘reimagining’

Two actuaries have urged for an overhaul of the current retirement framework to better prepare Australians for the future and improve the accessibility of general financial advice.

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Qantas Super updates on merger progress

Corporate super fund Qantas Super and union Australian Services Union have issued updates on the potential merger, highlighting the fund is unlikely to grow on its own.

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‘The larger we are, the stronger we are’: Verve Super

With Future Group acquiring 100 per cent of the female-focused fund, Verve Super chief executive Christina Hobbs shares with Super Review how its advocacy and investment values will be expanded across a larger member base.

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Rest appoints CFO and board director

The $75 billion superannuation fund has welcomed a new chief financial officer and director to its board, with both commencing in 2024.

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Aware Super seeks Treasury approval for ‘health check’ nudges

Aware Super is in discussion with Treasury as to how it can broaden its scope of member advice beyond intra-fund advice as its digital advice tool receives 28,000 users in six months.

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Who are RIAA’s 10 Super Fund Leaders?

The Responsible Investment Association of Australasia has identified 10 super funds that are leaders in responsible investment and ESG, eight of which are industry funds and two in the retail space.

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APRA seeks to up super data collection

APRA is proposing to collect more data about super funds’ trustee board governance and investment liquidity and valuations.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Australia’s superannuation funds are becoming a defining force in shaping the nation’s capital markets, with the corporate watchdog warning that trustees now hold systemi...

19 hours ago

Payday super has passed Parliament, marking a major shift to combat unpaid entitlements and strengthen retirement outcomes for millions of workers....

20 hours ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

1 day 14 hours ago