Allianz Retire+ has announced a reshuffle of its retirement advisory board, welcoming three new members, including a former UniSuper chief executive.
Industry Super Australia and the Financial Services Council have welcomed improvements to the proposed regime but flagged some continued concerns.
Robbie Campo, chief executive at ESSSuper, will step up to chair the national advocacy and networking group.
With positive flows despite volatile markets and a successful merger with Christian Super, super funds under management at Australian Ethical now stand at some $7 billion.
Minister for Financial Services, Stephen Jones, has confirmed changes to the Your Future, Your Super model to ensure all trustees, including Choice funds, are held to account for fund performance.
Life insurance experts have flagged that, while the government’s initial response to the Quality of Advice Review holds promise, there remains more work to do for consumers to receive insurance advice.
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.