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More than 130% rise in SMSF trustee disqualifications
There was more than a 130 per cent increase in the number of SMSF trustees disqualified year-on-year, according to the latest statistics released by the ATO.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Judge warns financial firms on technology interoperability
Justice Hespe has fired a shot across the bows at financial institutions regarding the interoperability of their IT infrastructure in her verdict in the ASIC v AMP Financial Planning case.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Rest and HESTA voice support for Voice to Parliament
The superannuation funds have publicly backed a constitutionally enshrined Aboriginal and Torres Strait Islander Voice in the spirit of reconciliation.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
AusSuper cuts insurance fees for members
Members of AustralianSuper will see reduced insurance costs after a review prompted the fund to cut fees by an average of 11.8 per cent.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
How will APRA’s levy support the super system?
The Treasury has confirmed some $70.1 million of APRA’s levy will be for the supervision of superannuation industry and detailed how it would be focused on holding trustees to account.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Qantas Super CEO appointed to CFA
Qantas Super chief executive, Michael Clancy, has been appointed as chair of the CFA Societies Australia’s Australian Governance Council.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
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.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
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.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
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.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
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.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
