ASIC warns unions on financial advice laws

Two unions and the Australian Council on Trade Unions have been formally warned by ASIC that its member communication around three super funds need to avoid breaching financial advice laws.

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UniSuper’s cautionary tale after GEO option reports 89% performance fall

UniSuper CIO, John Pearce, has delivered a cautionary tale after its Global Environmental Opportunities option returned 5 per cent in the financial year 2022–23, having previously delivered annual returns of 48 per cent.

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CPI slows in June quarter

CPI inflation has slowed in the June 2023 quarter with the ABS reporting the lowest quarterly rise since September 2021.

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Aussie funds reject US pushback on ‘woke’ ESG

A US investment manager has shared with Super Review how he is impressed by the net-zero commitments of Australian super funds as Republican states divest their pension funds from ESG investing.

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Funds seek to innovate retirement drawdown for members

Ensuring retirees draw down enough of their super and avoid fears of running out is crucial for the retirement income system, according to a panel of retirement experts.

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Link Group enhances Adviser Online features

The firm’s Retirement and Superannuation Solutions division has enhanced its digital platform for financial advisers to speed up efficiency and scale support to more members.

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Aware Super partners with Challenger on DB solution

Some 3,000 members of Aware Super will see their future pension risk reduced after the fund partnered with Challenger to provide a de-risking solution for its defined benefit fund.

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Super trustees receive APRA guidance on unlisted assets

Following a two-year process of consultation and reform, APRA’s latest guidance aims to help super trustees with the formulation, implementation, and oversight of an investment strategy, including unlisted assets.

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UniSuper appoints specialist external fund manager

UniSuper has appointed equities fund manager NorthStar Impact as a specialist external manager.

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Equip completes rebrand as it targets $50bn FUM

Equip Super has consolidated membership, operations, and investments under one brand following the acquisition of Catholic Super as it targets $50 billion in funds under management.

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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....

1 hour 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. ...

1 hour 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...

2 hours ago