Andrew Proebstl, chief executive at legalsuper for almost two decades, is set to join the advisory board of a burgeoning investment app Tanggram as it expands its offerings into super.
As trustees grapple with increased performance scrutiny from APRA alongside offering a variety of member investment options, industry experts expect to see consolidation of Choice products ramp up in the years ahead.
The Federal Government has released exposure draft legislation towards doubling the concessional tax rate for super balances exceeding $3 million.
With a flurry of C-level executive departures and hires in Q3 2023, Super Review has compiled the most noteworthy people moves in the superannuation industry over the last three months.
With more Australians desiring digital tools to learn about their super, research from Otivo has highlighted the need for financial advice to bridge the super knowledge gap.
Treasurer Jim Chalmers is in talks with Future Fund governor, Peter Costello, about whether he will remain at the sovereign wealth fund for another term, as it seeks to make two board appointments.
The Fund Executives Association Ltd has announced the appointment of a new board director to replace Jo Townsend as she steps down after eight years.
The industry funds have announced the next milestone in its merger process with the signing of a successor funds transfer deed.
By Philippe Kerdoncuff, Head of Asset Owners and Asset Man
Global investor confidence has seen a muted rise of 0.9 points in September, compared to double-digit gains in the previous month.