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.

A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clients’ SMSF accounts.

Ben Griffiths, former TCorp equities head, has taken up a similar role at Australia's sovereign wealth fund.

Following the signing of a memorandum of understanding in December, the industry super funds have progressed to the next phase towards creating a nearly $20 billion combined fund.