APRA falls short on unlisted assets oversight
A review has found APRA’s supervision and resolution work in unlisted assets and associated valuation practices may have been “deprioritised”, emerging more in response to media coverage of the issue.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
CFS agrees $100m super class action settlement
Colonial First State Investments has reached an in-principle $100m settlement regarding a superannuation class action about grandfathered commission.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Albanese names RBA successor for Lowe
Prime Minister Anthony Albanese has announced the successor for Philip Lowe at the Reserve Bank of Australia.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
FRAA makes five recommendations for APRA
The Financial Regulator Assessment Authority has released its review of the Australian Prudential Regulation Authority.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Aboriginal elder loses legal bid to access pension early
Uncle Dennis’ bid to access the age pension three years early, on the grounds that Indigenous Australians have shorter life expectancies, has been rejected by the Federal Court.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
The YFYS dilemma between active and passive
A UK fund manager who works with Australian super funds believes they are nervous about being left exposed if the investment cycle changes but under pressure to invest in passive in order to pass the Your Future, Your Super test.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
ASFA calls for LISTO extension to close gender super gap
ASFA is calling on the government to extend the Low Income Superannuation Tax Offset to reduce the gender super gap.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Commission recommends paying super on public sector parental leave
A review of the Maternity Leave (Commonwealth Employees) Act has recommended super should be paid on all forms of parental leave for public sector employees.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Brighter Super sees double-digit performance
Three of the super fund’s most popular investment options have achieved 10.6 per cent returns or more in the financial year to the end of June 2023.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Conflicts of interest in intra-fund advice on Jones’ radar
With super funds primed to join the advice arena, Minister for Financial Services, Stephen Jones, has signalled that providing a safe environment for members and managing any conflicts of interest remains a priority.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
