OnePath Custodians receives $1.4m fine from APRA
A superannuation trustee has been fined $1.46 million for failing to direct 125 member contributions to a MySuper product.
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.
Kristian Fok takes up permanent CEO role at Cbus
Cbus’ chief investment officer, who has been acting CEO since March 2023, has been appointed to the role permanently, with chief member officer, Marianne Walker, as deputy CEO.
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.
ART and AusSuper jointly back QAR recommendations
Australia’s two largest superannuation funds have welcomed today’s Quality of Advice Review announcement in a joint statement, stating the recommendations are a “positive step forward”.
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.
QAR opens advice arena to super funds
The Government has accepted some 14 of the 22 recommendations in the Quality of Advice Review, allowing super funds to provide more retirement advice and information to their members.
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.
ASFA welcomes super focus in government's QAR response
The Association of Superannuation Funds Australia has welcomed the government’s formal response to the Quality of Advice Review.
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.
Cash is king as SMSFs rethink investment strategies
SMSFs are increasingly allocating their funds into cash and cash products as economic headwinds impact the share market according to the latest Vanguard Investment Trends report.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Three super execs recognised in King’s Birthday Honours
Three female superannuation executives have been recognised in the King’s Birthdays Honours this year.
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.
Inflation pinch drives slightly negative super returns
With SuperRatings estimating a 0.2 per cent loss on the median balanced option in May, inflation and tightening monetary policy have continued to affect super fund returns.
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.
HESTA achieves 2030 climate target
The superannuation fund has met its initial climate target of a 33 per cent reduction in normalised portfolio emissions by 2030, eight years ahead of schedule.
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.
ART makes 3 senior leadership appointments
The $240 billion fund has appointed a new chief member officer; chief of staff; and executive general manager for advice, guidance, and education.
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.
