Australian super funds are expected to invest trillions of dollars in international markets by 2035, with the US emerging as the top destination for these funds, according to a new report commissioned by IFM Investors.
The local private credit market, which has flourished in a higher-for-longer rate environment, is poised to continue its growth as interest rates ease, experts predict.
The $149 billion fund has named new directors following the departure of three outgoing board members.
New data indicates that investor conviction in US exceptionalism has peaked, according to Bank of America.
Generation Life has backed new voluntary best practice principles aimed at improving retirement income solutions for Australians, despite opposition from parts of the financial services sector.
Australia’s pension assets pool is set to surpass other key economies, new research from the Super Members Council (SMC) has shown.
The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts.
The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice.
Where the RBA goes next is anyone’s guess, with economists and market pundits offering wildly different takes on the governor’s tone during the press conference and whether politics played a role in the decision.
The prudential regulator confirmed it is considering BUSSQ’s Federal Court appeal.