AMP completes SuperConcepts sale

AMP has completed its sale of SuperConcepts to private equity firm Pemba Capital Partners.

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Super changes kick in for FY2023–24

As the new financial year kicks off, multiple changes to superannuation funds will take effect this month including an increase in the Super Guarantee and transfer balance cap.

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RIAA CEO steps down after a decade

Responsible Investment Association of Australasia chief executive, Simon O’Connor, is to step down from the organisation after more than a decade.

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ASIC review finds poor trustee practices on duplicate member accounts

The corporate regulator has pulled up super trustees on their efforts to consolidate duplicate member accounts after a review found poor practices in both industry and retail funds.

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MyNorth Lifetime gains traction with advisers

Over half of Australian advisers are now authorised to write retirement solution MyNorth Lifetime under their approved product lists since its launch in October last year.

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Super switching in latest FSCP complaint

A relevant provider who encouraged a client to switch superannuation funds without obtaining the necessary information is the subject of the Financial Services and Credit Panel’s latest complaint.

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AustralianSuper appoints deputy CIO

Damian Moloney, based in AustralianSuper’s London office, has been named deputy chief investment officer of the $300 billion super fund.

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HESTA faces greenwashing legal complaint from fund member

A fund member has raised concerns about HESTA’s representations of its climate credentials and engagement strategy, which may amount to misleading and deceptive conduct.

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Qld home to fastest-growing super funds

Following the successful merger of Brighter Super with Suncorp Super, the Sunshine State is now home to two of Australia’s fastest-growing superannuation funds.

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Median fund growth estimated to hit 8.5% by EOFY

Resilient sharemarkets have been attributed as the main driver of returns, with the median growth fund return expected to sit at about 8.5 per cent by the end of June, according to Chant West.

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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 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 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 7 months ago

Introducing reforms for strengthening simpler and faster claims handling and better servicing for First Nations members are critical priorities, according to the Super Me...

12 hours 59 minutes ago

The peak body stressed that the proposed financial advice reforms should “pass as soon as possible” and has thrown its weight behind super funds providing a greater level...

13 hours ago

The Commonwealth Bank has warned that uncapped superannuation concessions may be “unsustainable” and has called for the introduction of a superannuation cap....

13 hours 41 minutes ago