POWERED BY MOMENTUM MEDIA
No fund or trustee has ‘fully cracked’ the RIC: APRA
APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Class action against QSuper garners 15,000 claimants
Some 15,000 super fund members have signed up for a lawsuit against QSuper, alleging they were wrongly charged excessive premiums for their life insurance policies.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
FEAL Fund Exec of the Year winner announced
A leading superannuation fund chief executive has been named as Fund Executive of the Year by the Fund Executive Association Ltd.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Generative AI to transform fund member experience
As generative AI evolves in its capabilities, the member communications of Australia’s biggest super funds could become more tailored and sophisticated.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Women comprise 42% of HESTA’s investment team
The $74 billion super fund’s 2022 progress report reveals women are occupying a greater number of senior investment management roles at firms that HESTA works with, in line with its own internal targets.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
New proposal to ‘ring-fence’ super towards aged care
A national industry association has called for changes to the superannuation system, proposing a portion of these retirement savings be directed towards funding the individual’s aged care.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
New portfolio strategies lead at Cbus
The $85 billion fund has appointed Leigh Gavin, former head of investment model design at AustralianSuper, to lead its portfolio strategies.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
KPMG proposes measure to improve super gender gap
With less than 10 per cent of Carer Payment recipients accumulating super while performing unpaid caring work, KPMG has proposed super guarantee contributions on these payments could boost retirement balances by $123k.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Super funds urged to hire cyber literate board members
The superannuation sector is not exempt from the risks that arise from emerging technology, according to experts, who urge funds to raise the bar on cyber security and literacy.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
ASIC reveals H1 super enforcement stats
ASIC has revealed the number of its enforcement outcomes that related to superannuation misconduct in the first half of 2023, including its first interim stop orders.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
