Business training key to empowering women in finance

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.

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Court clears Diversa of advice oversight practices

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.

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What do super fund CEOs think of the RIC?

A roundtable of super fund chief executives has shared their views on the Retirement Income Covenant and its progress with the prudential regulator.

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Rest’s fears of inflation impact on performance

Rest is concerned that persistently high inflation and political turmoil will cloud the investment performance of its super options.

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The ‘immense pressure’ on employers from payday super

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.

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Former BT executive to lead super strategy at AMP

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.

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AFCA reports 135% rise in complaints handling grievances

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.

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Superannuation flows help Australian Ethical buck investment losses

Helped by the increase in Superannuation Guarantee contributions, Australian Ethical has seen positive inflows of $114 million but suffered $124 million in investment losses.

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Insignia’s Mota to depart after 20 years

Insignia Financial chief executive, Renato Mota, has announced he will step down from the company after 20 years in February 2024.

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Cbus Super appoints former Hostplus infrastructure head

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.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Australia’s superannuation funds are becoming a defining force in shaping the nation’s capital markets, with the corporate watchdog warning that trustees now hold systemi...

14 hours ago

Payday super has passed Parliament, marking a major shift to combat unpaid entitlements and strengthen retirement outcomes for millions of workers....

15 hours ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

1 day 10 hours ago