Super funds urged to hire cyber literate board members

The superannuation sector is not exempt from the risks that arise from emerging technology, according to experts, who urge funds to raise the bar on cyber security and literacy.

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ASIC reveals H1 super enforcement stats

ASIC has revealed the number of its enforcement outcomes that related to superannuation misconduct in the first half of 2023, including its first interim stop orders.

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Super SA CEO steps down

Super SA chief executive, Dascia Bennett, has stepped from the role after five years at the $36 billion public sector fund, during which time the fund navigated an ICAC evaluation.

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Future Fund appoints new CIO

The $250bn Future Fund has appointed a chief investment officer, over a year after the departure of previous CIO Sue Brake last June.

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MLC Life Insurance urges inclusion of insurers to provide advice

MLC Life Insurance believes life insurers should be able to provide advice under the Quality of Advice Review in the same way as superannuation funds.

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HESTA reaches 10% internalisation

HESTA has progressed its move to internalisation with 10 per cent of the fund managed internally across Australian equities, cash, and Australian fixed income.

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Aware Super looks to leverage on-ground overseas presence

Eyeing lucrative investment opportunities overseas, the $160 billion fund said its London office will be operational by year’s end and has highlighted the potential of a North American office in coming years.

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AustralianSuper bolsters UK operations with senior hires

A number of industry veterans have joined the London office of Australia’s largest superannuation fund, which currently has some $40 billion invested in the UK and Europe.

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Levy doubts super funds’ capacity to provide retirement advice

Michelle Levy, reviewer of the Quality of Advice Review, believes super funds already have too much on their plate to provide retirement income advice to members.

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Where do super funds think the ATO can improve?

Super funds have shared the areas where they believe the Australian Taxation Office could improve its efforts.

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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 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

Widespread member disengagement is having a detrimental impact on retirement confidence, AMP research has found....

10 hours ago

Economists have warned inflation risks remain elevated even as the RBA signals policy is sitting near neutral after its latest hold....

10 hours ago

Introducing a cooling off period in the process of switching super funds or moving money out of the sector could mitigate the potential loss to fraudulent behaviour, the ...

9 hours ago