AMP and CBA update on super class actions

AMP and Commonwealth Bank have shared updates on ongoing superannuation class actions as they release their financial results.

AUTHOR

Hejaz launches first Islamic pension product

The $1.3 billion Islamic finance provider has announced Hejaz Islamic Super and Pension, the first Islamic account-based pension product directly offered to Australians.

AUTHOR

Pendal COO among new senior hires at Aware Super

The $160 billion fund has named Justin Howell as its chief operating officer for investments alongside new heads of portfolio management and business development.

AUTHOR

Super advisers make up less than 4% of advice market

Financial advisers working at super funds make up just 3.8 per cent of the financial advice industry while the number of licensees make up less than 1 per cent.

AUTHOR

Cyber security in the spotlight as privacy concerns grow

With three-quarters of Australians viewing data breaches as one of the biggest privacy risks today, the amount of data requested and handled by their super fund remains a growing priority.

AUTHOR

Women could be $192k better off at retirement with advice

A 50-year-old woman who seeks advice stands to be $192,000 better off in retirement, while the figure stands at a whopping $472,000 if they start at 35, according to new modelling.

AUTHOR

Aware Super launches term deposits option

Aware Super members with minimum account balances of $15,000 can now invest a portion of their super dir

AUTHOR

ART and AusSuper working together on super advice

Australian Retirement Trust and AustralianSuper are understood to be working together on how the two largest super funds can best help their members with advice.

AUTHOR

No fund or trustee has ‘fully cracked’ the RIC: APRA

APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas.

AUTHOR

Class action against QSuper garners 15,000 claimants

Some 15,000 super fund members have signed up for a lawsuit against QSuper, alleging they were wrongly charged excessive premiums for their life insurance policies.

AUTHOR

sub-bgsidebar subscription

Never miss the latest developments in Super Review! Anytime, Anywhere!

Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 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 10 months ago

Australia’s superannuation funds are becoming a defining force in shaping the nation’s capital markets, with the corporate watchdog warning that trustees now hold systemi...

3 hours 59 minutes ago

Payday super has passed Parliament, marking a major shift to combat unpaid entitlements and strengthen retirement outcomes for millions of workers....

4 hours 48 minutes ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

23 hours 59 minutes ago