POWERED BY MOMENTUM MEDIA
Director pulled up by ASIC for misleading SMSF members
The corporate regulator has taken civil action against an unlicensed director for offering clients at least 25 unregistered property investment opportunities either personally or through their SMSFs.
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 warns unions on financial advice laws
Two unions and the Australian Council on Trade Unions have been formally warned by ASIC that its member communication around three super funds need to avoid breaching financial advice laws.
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.
UniSuper’s cautionary tale after GEO option reports 89% performance fall
UniSuper CIO, John Pearce, has delivered a cautionary tale after its Global Environmental Opportunities option returned 5 per cent in the financial year 2022–23, having previously delivered annual returns of 48 per cent.
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.
CPI slows in June quarter
CPI inflation has slowed in the June 2023 quarter with the ABS reporting the lowest quarterly rise since September 2021.
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.
Aussie funds reject US pushback on ‘woke’ ESG
A US investment manager has shared with Super Review how he is impressed by the net-zero commitments of Australian super funds as Republican states divest their pension funds from ESG investing.
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.
Funds seek to innovate retirement drawdown for members
Ensuring retirees draw down enough of their super and avoid fears of running out is crucial for the retirement income system, according to a panel of retirement experts.
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.
Link Group enhances Adviser Online features
The firm’s Retirement and Superannuation Solutions division has enhanced its digital platform for financial advisers to speed up efficiency and scale support to more members.
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.
Aware Super partners with Challenger on DB solution
Some 3,000 members of Aware Super will see their future pension risk reduced after the fund partnered with Challenger to provide a de-risking solution for its defined benefit fund.
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.
Super trustees receive APRA guidance on unlisted assets
Following a two-year process of consultation and reform, APRA’s latest guidance aims to help super trustees with the formulation, implementation, and oversight of an investment strategy, including unlisted assets.
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.
UniSuper appoints specialist external fund manager
UniSuper has appointed equities fund manager NorthStar Impact as a specialist external manager.
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.
