AMP and CBA update on super class actions

AMP and Commonwealth Bank have shared updates on ongoing superannuation class actions as they release their financial results.

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Hejaz launches first Islamic pension product

The $1.3 billion Islamic finance provider has announced Hejaz Islamic Super and Pension, the first Islamic account-based pension product directly offered to Australians.

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Pendal COO among new senior hires at Aware Super

The $160 billion fund has named Justin Howell as its chief operating officer for investments alongside new heads of portfolio management and business development.

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Super advisers make up less than 4% of advice market

Financial advisers working at super funds make up just 3.8 per cent of the financial advice industry while the number of licensees make up less than 1 per cent.

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Cyber security in the spotlight as privacy concerns grow

With three-quarters of Australians viewing data breaches as one of the biggest privacy risks today, the amount of data requested and handled by their super fund remains a growing priority.

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Women could be $192k better off at retirement with advice

A 50-year-old woman who seeks advice stands to be $192,000 better off in retirement, while the figure stands at a whopping $472,000 if they start at 35, according to new modelling.

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Aware Super launches term deposits option

Aware Super members with minimum account balances of $15,000 can now invest a portion of their super dir

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ART and AusSuper working together on super advice

Australian Retirement Trust and AustralianSuper are understood to be working together on how the two largest super funds can best help their members with advice.

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No fund or trustee has ‘fully cracked’ the RIC: APRA

APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas.

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Class action against QSuper garners 15,000 claimants

Some 15,000 super fund members have signed up for a lawsuit against QSuper, alleging they were wrongly charged excessive premiums for their life insurance policies.

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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 8 months ago
Kevin Gorman

Super director remuneration ...

1 year 9 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 9 months ago

Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds....

4 hours 38 minutes ago

The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work. ...

4 hours 40 minutes ago

Rest has joined forces with alternative asset manager Blue Owl Capital, co-investing in a real estate trust, with the aim of capitalising on systemic changes in debt fina...

6 hours 11 minutes ago