APRA warns on firms’ cyber security protections

APRA has written to its regulated entities to reinforce the importance of multifactor authentication to protect sensitive data from cyber attacks after observing insufficiencies.

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Inflation pinch drives retirement budgets to record highs

With rising costs putting significant pressure on retirees’ household budgets, the amount of superannuation necessary for a comfortable retirement rose a further 1.1 per cent in the March quarter.

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Aware Super bolsters investment strategy team

The super fund has appointed four specialists and established a new investment risk division to drive its growth ambitions of achieving $250 billion in FUM by 2026.

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ASFA chief executive to depart after seven years

Dr Martin Fahy, who has been CEO of the Association of Superannuation Funds of Australia since 2016, has stepped down.

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Mercer Super announces third merger

Mercer Super has announced its third acquisition in two years, following its merger with BT Super and Lutheran Super.

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Internal managers under pressure to perform

AustralianSuper chief investment officer, Mark Delaney, has acknowledged internal managers at the fund are put under more pressure as he reflects on the fund’s poor property allocation.

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Aware Super CEO on achieving super success

There are four secrets to enduring success in superannuation, according to Aware Super chief executive, Deanne Stewart.

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Former Aware Super execs to head up new mid-cap fund

Tim Riordan, former head of direct equities at Aware Super, and Mike Teran, associate portfolio manager, have joined the investment team at newly launched Blackwattle Investment Partners.

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Two board members appointed at FEAL

The Fund Executives Association Ltd has appointed two board directors from Aware Super and Rest to replace Deanne Stewart and Ross Piper.

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Government opens consultation on AFCA super complaints

The government has released a consultation on amending the Corporations Act to allow the Australian Financial Complaints Authority to hear complaints regarding superannuation.

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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 6 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 6 months ago

Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax ...

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Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations o...

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Institutional investors have increased their risk exposure over June amid tempered levels of market volatility....

6 hours ago