Super funds underestimating risks of private credit, warns CIO
With super funds turning increasingly to private credit to lift returns, experts have cautioned that the high-yield asset class carries hidden risks that are often misunderstood.
Outdated rules cost super funds billions, says ASFA
Australia’s superannuation sector is being held back by overlapping and outdated regulation, ASFA says, with compliance costs almost doubling in seven years – a drain on member returns and the economy alike.
Morningstar reverses ASX ‘poor’ rating
A research firm says errors are a “natural part” of running a company with humans and has reversed its previous poor rating for the exchange.
AMP economist lays out productivity reform wish list
AMP’s chief economist has unveiled a wish list for the Australian government’s Economic Reform Roundtable.
AUTHOR
Staff Writer
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Super funds back ASIC review to unlock housing capital
Two of Australia’s largest industry super funds have thrown their support behind an ASIC review into how stamp duty is disclosed in investment fee reporting, saying it could unlock more capital for housing projects.
ASIC to examine investment in private credit by super funds
The corporate watchdog is preparing to publish a progress report on private credit this September, following a comprehensive review of the rapidly expanding market.
ASIC sues Mercer Super over allegations of ‘systemic’ reporting failures
The major superannuation fund is facing legal action from ASIC after allegedly failing to inform the regulator about investigations into serious member service issues.
ASIC pushes super funds to invest in property
The regulator has commenced a targeted review to address regulatory hurdles that may be discouraging superannuation funds from investing in property assets.
AUTHOR
Adrian Suljanovic
Rest grows beyond $100bn in FUM
Rest’s FUM growth coincides with the arrival of Michael Clancy as the fund’s new CIO and the appointment of two senior executives.
AUTHOR
Adrian Suljanovic
NGS Super won’t pursue growth for growth’s sake, says CEO
The fund has appointed Fotine Kotsilas as its new chief risk officer, continuing a series of executive changes aimed at driving growth, but NGS Super’s CEO has assured the fund won’t pursue growth for growth’s sake.
AUTHOR
Adrian Suljanovic
