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.
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.
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.
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.
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.
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.
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.
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.
Super veteran reflects on transformations in the ‘extraordinary’ industry
Former Funds SA and Rest executive, Jo Townsend, has weighed in on the impact of never-ending regulation and the outlook for consolidation in super, drawing on her three decades in the industry.
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 returns retreat in September amid ‘nervous’ investment markets
Although the return for the first nine months of the 2023 calendar year sits at 5.2 per cent, all four risk category fund options saw lacklustre September performance, according to Chant West.
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 partners with renewable energy platform
Aware Super has partnered with Birdwood Energy to create the nation’s newest distributed renewable energy platform.
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.
Rest sees sharp uptick in digital advice adoption
The $75 billion fund has told Super Review of a 25 per cent increase in use of its digital advice tools in the last financial year and has further boosted these internal capabilities with the appointment of a new advice technology lead.
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.
Retirees hoarding super to pass onto future generations
Over half of super members intend to leave their superannuation to their loved ones when they die, highlighting the need for an objective of super.
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.
How does Australia’s pension system fare globally?
Comparing almost 50 retirement systems around the world, the 2023 Mercer CFA Institute Global Pension Index gives Australia a thumbs up, but has highlighted room for improvement in its retirement income policy.
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.
