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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Confidence muted as investors stay defensive

The State Street Global Investor Confidence Index has seen a muted rise in June with a rise of just 0.8 points as investors remain defensive.

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Former Mercer exec to lead product at Equip Super

Equip Super has announced the appointment of Anthony Angelucci, a former head of product and strategy at Mercer Super, to a similar role at the $30 billion fund.

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NGS Super on track to decarbonise portfolio by 2030

The $14 billion industry fund has announced its MySuper portfolio is around 13 per cent ahead of the required trajectory to carbon neutrality by 2030.

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Director pulled up by ASIC for misleading SMSF members

| By Rhea Nath |

The corporate regulator has taken civil action against an unlicensed director for offering clients at least 25 unregistered property investment opportunities either personally or through their SMSFs.

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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. ...

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Super director remuneration ...

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