Tech and financials are poised to deliver several global “dividend darlings” this year, an investment manager has highlighted.
The Financial Services Minister has announced that he will retire from federal politics at the next election.
Among the most significant issues within its regulatory remit, ASIC has highlighted unsuitable superannuation advice resulting in adverse consumer outcomes.
Australialia’s superannuation industry continues to grow in scale and challenge traditional active managers, analysts have highlighted.
The superannuation industry has welcomed the government’s intent to develop service standards for all APRA-regulated superannuation funds in the areas of death benefit claims, insurance claims, and member communications.
Despite the unlikelihood of securing enough Senate crossbench votes for the controversial tax change, the Treasurer remains firm on Division 296.
Cbus’ default Growth (MySuper) investment option generated returns of 10.77 per cent in calendar year 2024.
The $93 billion fund has appointed a senior financial services and superannuation expert to help home in on its strategic goals.
Following a successful 2024 buoyed by the performance of US equities, AMP’s head of portfolio management, Stuart Eliot, believes opportunities still abound on the other side of the pond.
Super funds are expected to emerge as major players in the 2025 M&A landscape, according to a law firm.