While investors remain bullish on the US dollar and equities, they are bearish on just about everything else, Bank of America has found.
While the controversial measures have received little support in the Senate, the think tank has said Division 296 would “make the nation’s super system fairer”.
In its pre-election policy document, the FSC highlighted 15 priority reforms, with superannuation featuring prominently, urging both major parties to avoid changing super taxes without a comprehensive tax review.
With the merger between Mine Super and TWUSuper in its late stages, the head of the soon-to-be combined fund is the latest to join ASFA’s board.
The Grattan Institute has labelled the Australian super system as “too complicated” and has proposed a three-pronged reform strategy to simplify superannuation in retirement.
Australia’s super executives are increasingly aligned in their focus on consistent climate risk disclosure and reporting.
The financial services firms said it would provide CC Capital with limited access to “non-public” information to perform due diligence on its takeover offer.
Super funds delivered a strong 2024 result, with the median growth fund returning 11.4 per cent, driven by strong international sharemarket performance, new data has shown.
Australian Ethical has seen FUM growth of 27 per cent in the financial year to date.
While some market segments may experience heightened volatility, ART’s CIO Ian Patrick says the fund will take a strategic approach to capitalise on the resulting opportunities.