Over half of Australian advisers are now authorised to write retirement solution MyNorth Lifetime under their approved product lists since its launch in October last year.
A relevant provider who encouraged a client to switch superannuation funds without obtaining the necessary information is the subject of the Financial Services and Credit Panel’s latest complaint.
Damian Moloney, based in AustralianSuper’s London office, has been named deputy chief investment officer of the $300 billion super fund.
A fund member has raised concerns about HESTA’s representations of its climate credentials and engagement strategy, which may amount to misleading and deceptive conduct.
Following the successful merger of Brighter Super with Suncorp Super, the Sunshine State is now home to two of Australia’s fastest-growing superannuation funds.
Resilient sharemarkets have been attributed as the main driver of returns, with the median growth fund return expected to sit at about 8.5 per cent by the end of June, according to Chant West.
Almost three-quarters of Australians are unaware of the current superannuation guarantee rate.
The decision to adjust the listed infrastructure APRA performance benchmark will better represent the asset class and super funds’ investment choices, according to Maple-Brown Abbott.
Two former UniSuper senior executives are among a team launching a new asset manager to support superannuation funds.
The corporate regulator’s review of 12 superannuation trustees found all but one failed to ensure their practices or disclosure aligned with their obligations in dealing with member funds.