APRA’s Rowell bids farewell

Helen Rowell, deputy chair at APRA, will step down at the end of June after more than 21 years at the prudential regulator.

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IFM Investors and ISPT explore potential merger

The two industry super fund-owned firms have confirmed they are exploring the merits of a potential merger at the request of significant shareholders.

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ASIC issues first super interim DDO stop order

The corporate regulator has issued its first interim stop order on a superannuation product under the design and distribution obligations.

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Spirit Super and CareSuper enter binding agreement to merge

Following an extensive due diligence process, the merger of Spirit Super and Care Super is expected to be completed in late 2024, creating a $50 billion combined fund.

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Super funds poised for ‘healthy’ FY22–23 result

Superannuation funds look to finish the financial year with an 8.1 per cent return, well above the typical long-term return objective of around 6 per cent per annum, according to Chant West.

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Super payments to unions under investigation: APRA

APRA chair, Margaret Cole, has confirmed in the latest Senate estimates session that it is investigating payments by super funds to unions.

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More than 130% rise in SMSF trustee disqualifications

| By Staff |

There was more than a 130 per cent increase in the number of SMSF trustees disqualified year-on-year, according to the latest statistics released by the ATO.

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Judge warns financial firms on technology interoperability

Justice Hespe has fired a shot across the bows at financial institutions regarding the interoperability of their IT infrastructure in her verdict in the ASIC v AMP Financial Planning case.

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Rest and HESTA voice support for Voice to Parliament

The superannuation funds have publicly backed a constitutionally enshrined Aboriginal and Torres Strait Islander Voice in the spirit of reconciliation.

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AusSuper cuts insurance fees for members

Members of AustralianSuper will see reduced insurance costs after a review prompted the fund to cut fees by an average of 11.8 per cent.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

Widespread member disengagement is having a detrimental impact on retirement confidence, AMP research has found....

18 hours ago

Economists have warned inflation risks remain elevated even as the RBA signals policy is sitting near neutral after its latest hold....

18 hours 41 minutes ago

Introducing a cooling off period in the process of switching super funds or moving money out of the sector could mitigate the potential loss to fraudulent behaviour, the ...

18 hours ago