Three female superannuation executives have been recognised in the King’s Birthdays Honours this year.
With SuperRatings estimating a 0.2 per cent loss on the median balanced option in May, inflation and tightening monetary policy have continued to affect super fund returns.
The superannuation fund has met its initial climate target of a 33 per cent reduction in normalised portfolio emissions by 2030, eight years ahead of schedule.
The $240 billion fund has appointed a new chief member officer; chief of staff; and executive general manager for advice, guidance, and education.
Two of Australia’s largest super funds have frozen new contracts with PwC, while others have told Super Review they are undertaking reviews of their consultancy relationships.
AMP is selling its SuperConcepts self-managed superannuation fund (SMSF) admin and software business.
The Australian Prudential Regulation Authority (APRA) has indicated it is harder to persuade trustees of
Minister for Financial Services, Stephen Jones, has announced the expansion of the Consumer Data Right into superannuation will not happen for at least two years.
Vision Super and Active Super have signed a merger heads of agreement and announced who will be chief executive of the combined fund.
The registrations of 29 self-managed superannuation fund auditors have been cancelled for failing to lodge annual statements.