The Fund Executives Association Ltd has appointed two board directors from Aware Super and Rest to replace Deanne Stewart and Ross Piper.
The government has released a consultation on amending the Corporations Act to allow the Australian Financial Complaints Authority to hear complaints regarding superannuation.
Quarterly superannuation statistics released by APRA has found assets stand at some $3.5 trillion at the end of March 2023 while contributions increased to $159 billion.
With five million Australians approaching retirement, now is the time for them to be seeking financial advice or guidance and their super funds can play a part in providing this, writes Paul Feeney.
Cbus, TWUSUPER, Hostplus, and an unnamed fourth superannuation fund have invested in Nuveen’s US Cities Workplace strategy in a step towards further diversifying their allocations.
Vanguard, which launched its super offering six months ago, has announced two new divisions and internal reshuffles, including who is leading Vanguard Super following Michael Lovett's departure.
The FAAA and Chant West remain concerned with how the Your Future, Your Super performance test amendments could impact financial advisers and fund member outcomes.
Kelly Power, chief executive of Colonial First State Superannuation, has been appointed to the Financial Services Council board.
Five finalists will battle it out to win the coveted 2023 Fund Manager of the Year award at this year’s ceremony, including BlackRock Investment Management (Australia), Franklin Templeton Australia, Lazard Asset Management, Macquarie Asset Management, and VanEck.
AMP Life and AMP Financial Planning have been issued a $24 million penalty by the Federal Court in relation to charging deceased clients for insurance and financial advice.