It is important that super funds giving advice apply the same rules as professional financial advisers, according to Otivo founder, Paul Feeney.
In an interview with Super Review, Natalie Previtera shares her ambitions as the super fund’s new chief executive and outlined the aftermath of the cyber attack faced by NGS Super earlier this year.
The superannuation fund has told members it will roll back the investment options from 1 October 2023 and instead introduce six new pre-mixed investment options.
Super funds are likely to have to maintain a delicate balance of guarding their own members while simultaneously seeking to attract those from rival funds in the age of stapling, according to a KPMG report.
The introduction of the superannuation heatmaps are among departing APRA executive Helen Rowell’s proudest achievements during her career.
The Prime Minister has appointed Greg Combet as chair of the government’s Net Zero Economy Agency, leading to him stepping down from his role as chair of Industry Super Australia and IFM Investors.
Research by Rainmaker Information has analysed the portfolio holdings of MySuper and ESG investment options, finding ESG products overweight in CSL, Telstra, and ResMed.
The Australian Institute of Superannuation Trustees and Industry Super Australia have voiced their support in allowing super funds to broaden their financial advice offering.
A superannuation trustee has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product.
Cbus’ chief investment officer, who has been acting CEO since March 2023, has been appointed to the role permanently, with chief member officer, Marianne Walker, as deputy CEO.