ART welcomes new board directors and investment adviser

The Australian Retirement Trust has made two new board appointments to replace vacancies that arose in late 2022 and appointed an external adviser to its investment committee.

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Government moves to double tax rate for multi-million dollar super balances

The Albanese government has moved to double the concessional tax rate for superannuation balances exceed

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ASIC bans unlicensed individual for misleading super fund members

Christine Betty Childs has received an eight-year ban for carrying on an unlicensed financial services business in recommending clients to buy property through their super.

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Orphaned clients seeking help from super funds

The effects of the adviser exodus are coming to the fore with a panel of super fund execs stating they have noticed more members having lost touch with their adviser and seeking advice from their fund.

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Proposed super objective would be ‘race to the bottom’

Removing the aspirational aspect from the objective of superannuation means it will become a “race to th

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ASIC launches court action against Mercer Super over alleged greenwashing

The corporate regulator has commenced civil penalty proceedings against the super fund for alleged misleading claims regarding the sustainable nature of its investment options.

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TelstraSuper appoints new lead for financial advice arm

Melinda Huggins, a former AMP advice executive, has been appointed to the role of executive general manager at TelstraSuper Financial Planning.

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Member interests the ‘north star’ for super fund trustees

Superannuation fund trustees have shared their thoughts on the dangers of being over-inquisitive, on holding firms accountable and why member interests must remain at the core.

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FSC flags concerns with APRA data accuracy

The Financial Services Council has raised concerns about the accuracy of APRA data used for the performance test and the potential for consumer harm after the regulator was forced to reissue its MySuper heatmaps.

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Why UniSuper wants to be ‘the Netflix of retirement’

Addressing the QOA Review’s recommendations on digital advice, UniSuper CEO Peter Chun has voiced his support of personalised digital experiences for members, likening it to Netflix.

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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

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

1 hour 21 minutes hence

Australia’s maturing superannuation system delivers higher balances, fewer duplicate accounts and growing female asset share, but gaps and adequacy challenges remain....

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Global volatility and offshore exposure have driven super funds to build US-dollar liquidity buffers, a new BNY paper has found....

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