Mark Oliver, chief distribution officer at Insignia Financial, has taken on new responsibilities as head of superannuation at the business.
According to FAAA chief executive Sarah Abood, superannuation trustees delivering advice to members during their transition to retirement could present more risks than benefits.
The member-owned financial services company has announced the appointment of Michael McQueen, former chief investment officer at Media Super, to its executive team.
Some 26 superannuation funds could vote ‘against’ male director re-elections in ASX201–300 companies that fall below gender diversity targets, as per new ACSI voting policy.
The newly launched TAL Insurance Academy platform would offer on-demand education and training for its superannuation fund partners to support their teams.
A build-to-rent insider says Labor’s tax concessions won’t help super funds generate a return on rental accommodation because the cost of capital is too high.
Tighter restrictions on multimillion-dollar super balances and a multifaceted crackdown on unpaid super were among industry recommendations ignored by the federal government in its latest budget.
Cbus would welcome 17,000 new members and now manage some $80 billion in retirement savings on behalf of over 900,000 members.
Investment Trends data has found super members’ appetite to switch funds has surged to a 13-year high, with some 9 per cent intending to switch in the next 12 months.
Smaller super funds with lower average member balances are being penalised by APRA’s “blunt” measurement of their fund fees, according to Prime Super.