The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member.
The law “should not continue to assume that financial advice is being given by a person”, according to Michelle Levy, as she hints that advice from superannuation funds could be given by a digital advice tool.
A financial adviser has urged women in finance to outsource tasks at home so they can focus on their business, ahead of Momentum Media's Women in Finance Summit 2023.
It was a challenging August for growth fund returns in the last month, with diversification helping cushion the impact from listed sharemarkets, according to Chant West.
Scientific Beta, an ESG climate index platform that launched in Australia last year, is set to assist super funds in decarbonising their portfolios at the same time as adhering to Your Future, Your Super regulations.
Industry Super Australia and the Australian Institute of Superannuation Trustees have unveiled the new name and new chair of the merged organisation.
With AFCA noting a rising number of members contacting them directly, there are concerns that super funds’ internal dispute resolution processes are lacking even as ASIC raises the bar on internal complaints handling.
Payday super is part of a “whole program of work” to reduce unpaid superannuation by employers, according to Minister for Financial Services, Stephen Jones.
Australians are retiring later than other countries across the globe at 65, compared to the global median age of 61, while Australia's global retirement ranking has fallen two spots.
The fund has commenced a search for a new chief financial officer to succeed Kulwant Singh-Pangly, who steps down at the end of September.