A women’s advocate and mentor has outlined the tools female finance entrepreneurs require to thrive as leaders, ahead of the inaugural Women in Finance Summit 2023.
Culminating civil proceedings that began in 2021, the Federal Court has found Diversa Trustees did take reasonable steps to ensure its representatives complied with financial services laws.
A roundtable of super fund chief executives has shared their views on the Retirement Income Covenant and its progress with the prudential regulator.
Rest is concerned that persistently high inflation and political turmoil will cloud the investment performance of its super options.
The move to payday super will be a bigger shift than to SuperStream, according to Australian Retirement Trust, and employers will have to ensure their systems are smooth as they move to the potential of paying super 52 times a year.
Melinda Howes, a super industry veteran, will rejoin AMP as a group executive to lead its super and investments business, completing the firm’s group executive team.
There was a 135 per cent rise in complaints to AFCA about delays in complaints handling by superannuation funds in the financial year 2022–23, according to the AFCA annual report.
Helped by the increase in Superannuation Guarantee contributions, Australian Ethical has seen positive inflows of $114 million but suffered $124 million in investment losses.
Insignia Financial chief executive, Renato Mota, has announced he will step down from the company after 20 years in February 2024.
The super fund has appointed Jordan Kraiten as its new head of infrastructure, who oversaw the infrastructure portfolio at Hostplus for more than a decade.