With Australians contributing a record $163 billion into their accounts in 2021-22, the superannuation market is in robust shape, according to Rainmaker Information research.
After over a decade as director of Spirit Super, Sue Dahn is set to join HESTA as director and investment committee chair this July.
A second superannuation fund has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action against Mercer Super.
Super associations have urged the regulator to help members of underperforming Choice funds after its heatmaps found one in five were significantly underperforming the benchmark.
ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannuation.
Hostplus and Industry Fund Services are the latest sign-ups to Iress’ new tool that combines digital advice with personalised financial education based on member demographics and preference data.
A report by the Australian Office of Financial Management has noted benchmark changes under Your Future, Your Super and higher interest rates could see “significant” shifts by superannuation funds to fixed income.
Super fund members have joined the traditional owners of three First Nations across Australia to commence legal action against industry investments in Santos and its Barossa and Narrabri gas projects.
With high inflation biting into retiree lifestyles, Challenger believes there are strategies that can be adopted for advisers to better serve their older clients.
Super Review has dug into the latest Choice heatmaps to pull out five key findings affecting Choice funds and identify those RSE licensees with underperforming funds.