Complaint process crucial to super credibility: ASIC
Super fund trustees are failing to conduct root cause analysis of complaints received from members, potentially damaging the credibility of the superannuation system, according to ASIC commissioner Danielle Press.
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.
Performance test is ‘here to stay’: Jones
Minister for financial services, Stephen Jones, has confirmed the annual performance test is “here to stay” and he will shortly announce the findings of his review into Your Future, Your Super.
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.
Disqualified SMSF trustees grow by 300% in 1H23
The number of disqualified self-managed superannuation fund trustees for the first half of the financial year is four times higher than a year ago while over 100 have already been disqualified in 2023.
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.
SMSFA warns against ‘disruptive’ balance cap
A proposed cap on balances would bring further costs and complexity and prove disruptive for the self-managed superannuation fund space, according to the SMSF Association.
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.
Rest and Link Group renew mandate
Rest has renewed its 30-year partnership with Link Group's Retirement and Superannuation Solutions business and will create a joint digital innovation team.
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.
Mixed reaction to super fund objective proposal
Superannuation funds and organisations have welcomed the Government’s consultation into the definition and objective of super but others feel it excludes other aspects of a person’s retirement.
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.
Super gender gap continues to hurt older Australian women
A new report has found women over the age of 50 in Australia are increasingly worried about the impacts of rising costs and recession on their super savings compared to men.
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.
Diversification ‘cushioning the blow’: ART
With average super returns falling 4.3% in 2022, ART has stressed how well-diversified portfolios can combat market volatility in 2023.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
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