APRA’s latest statistics have revealed retail funds have a larger exposure to private debt than their industry counterparts.
APRA’s proposed governance reforms are stirring debate in the industry, particularly due to the ambiguity surrounding the suggestion that “perceived conflicts of interest” and “changes in personal circumstances” could create reputational risks.
CFS’ Kelly Power has described the US as an “open door” for attractive investment opportunities amid super funds’ growing interest in the offshore market.
New analysis has uncovered Australia’s top 30 superannuation funds are at risk of a 46 per cent drop in investment returns due to the physical risks posed by climate change.
The industry super fund has appointed an interim chief investment officer following the departure of its last CIO after nine months in the role.
Superannuation returns turned negative in February, with the median balanced option falling by -0.8 per cent, according to research house SuperRatings.
In this Q&A Commonwealth Superannuation Corporation’s CIO, Alison Tarditi, shares how her team navigates market shocks and global shifts to keep members on track for a comfortable retirement.
UniSuper’s Balanced (default) option returned 9.2 per cent for the year to 30 June 2024. The performance of the Balanced option (and options with high allocations to growth assets) was driven mainly by strength in equity markets.
APRA has announced eight proposals aimed at pushing entities, including super funds, to move beyond treating compliance with certain requirements as a mere box-ticking exercise.
Australia’s decrease in dividends speaks to the country’s overly concentrated market structure, a market note has highlighted.