ART warns against regulatory overlap in super sector oversight
ART has cautioned regulators against imposing overlapping obligations on superannuation funds already operating under APRA’s comprehensive framework, saying that additional oversight should be “carefully targeted to address potential gaps in other parts of the market”.
Rest strengthens leadership with new member-focused appointment
The super fund has appointed Simone Van Veen as chief member officer.
AUTHOR
Adrian Suljanovic
HESTA backs Heitman in Euro property expansion
The partnership between HESTA and the global real estate investment firm has expanded, with the fund investing in European alternative property sectors.
AUTHOR
Adrian Suljanovic
Instos restore confidence in risk assets
Institutional investors have boosted equity exposure in May as delayed tariffs and benign inflation conditions restore confidence in risk assets.
AUTHOR
Adrian Suljanovic
APRA warns funds to urgently close gaps in cyber security
The prudential regulator has warned superannuation trustees they must urgently close gaps in their cyber security systems, following recent credential stuffing attacks that exposed persistent weaknesses in information security controls across the sector.
May gains boost super returns despite uncertainty
Despite the ongoing noise and uncertainty, super funds appear to be back on track for a strong financial year result.
Novigi acquires Iress’ super consulting and managed services business
Data and technology provider Novigi has acquired Iress’ superannuation consulting and managed services business from Apex Group.
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.
Record transfers from industry funds to SMSFs
SMSFs continue to benefit from members transferring from mostly industry funds at record amounts over a 12-month period, analysis shows.
SMC defends super funds’ private market role
The Super Members Council (SMC) has submitted a call for balance in ASIC’s review of Australia’s capital markets, highlighting the vital contribution of superannuation funds to the economy and the overlooked benefits of private market investments.
AUTHOR
Adrian Suljanovic
Trustees urged to fix OFA consents by September
ASIC has issued a warning to financial advisers and superannuation trustees to ensure they are complying with client consent requirements when entering into ongoing fee arrangements.
