Australia’s $4 trillion superannuation sector has been warned to close cyber security gaps after recent attacks exposed weaknesses and tested its ability to co-ordinate responses.
A former property developer has been sentenced to eight years’ imprisonment for defrauding super investment funds, ASIC has confirmed.
The government wants greater transparency over super fund offerings and member outcomes in retirement phase at both an individual trustee and industry level.
The world’s largest wealth manager remains overweight on US stocks spurred on by AI, but is taking a “granular” approach when assessing trade war damages.
AMP has reported a stable half-year result in superannuation, with improving cash flows and solid support from platforms and banking.
Implementing an unlimited non-concessional contributions cap for taxpayers with superannuation balances below $1 million would make the system more equitable, the accounting firm says.
Australian property prices are rising again, presenting a compelling opportunity for investors.
Australia’s neutral cash rate may lie above pre-pandemic levels, driven by rising productivity outside of the mining industry.
Australia’s investment sector has averaged just 31 per cent alignment with mandatory climate reporting rules, new research has shown.
Nominations and submissions have opened for this year’s Super Fund of the Year Awards.