Insignia Financial’s Master Trust portfolio has expanded despite net outflows, as positive markets and new product initiatives drive growth.
The complaints authority has reported a decline in superannuation complaints driven by fewer claim delays, but service quality concerns have grown across funds.
Ethical super fund Australian Ethical has announced the appointment of Anthony Lane as chief operating officer.
Cbus CEO Kristian Fok has criticised lead generators promoting superannuation switches, with the Shield and First Guardian problems being the “tip of the iceberg” for super members.
A global report from Mercer shows that pension systems with no or limited restrictions tend to perform better, while sharing recommendations on how Australia can improve its ranking.
Australian super funds have extended their winning streak into September, as strong global equities and resilient long-term returns boost member outcomes.
The super fund has appointed long-serving technology leader Richard Exton to its executive team, underscoring the fund’s digital transformation priorities.
Valuations of the major US tech companies are becoming elevated, according to UniSuper’s chief investment officer, John Pearce, but not yet at bubble territory.
The country’s largest super fund has launched a £500 million UK housing platform to expand its living sector investments and support economic growth.
Australian Retirement Trust (ART) has announced Helen Rowell has been appointed as the fund’s new chair, set to succeed Andrew Fraser.