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Super-funded advice fees get clarity in latest government reforms
The Albanese government has rolled out the next tranche of its advice reforms, setting rules for super-funded advice fees and allowing targeted prompts to boost member engagement.
AUTHOR
Maja Garaca Djurdjevic
Funds merge to form $22bn entity
Mine Super and TWUSUPER have announced the successful completion of the final stage of their merger, officially forming the new entity, Team Super.
AUTHOR
Jessica Penny
Funds justify US summit attendance
Questioned about ROI calculations undertaken before attending the summit in the US, funds largely gave the same response – access to information about developments in the US is essential to acting in the best interests of members.
AUTHOR
Maja Garaca Djurdjevic
Instos see record rotation out of US equities amid ‘bull crash’: BofA
Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.
AUTHOR
Jessica Penny
Tariff fears drive small reversal in super returns in February
Following a strong January, volatility has crept back into sharemarkets on the back of weaker US economic data and policy uncertainty, according to Chant West.
AUTHOR
Jessica Penny
Rest in-house global equities team takes first step with $300m mandate
The $93 billion fund’s internal global equities team has made its first move on behalf of members, with plans to expand its allocation and expertise over time.
AUTHOR
Jessica Penny
APRA chair rebuffs claims of unfair scrutiny on super funds
APRA chair John Lonsdale has rejected suggestions that the regulator is unfairly targeting superannuation funds, insisting its governance crackdown is part of a broader push across the financial sector.
AUTHOR
Maja Garaca Djurdjevic
Super funds embrace hybrid management, keeping external managers in the mix
External managers remain essential as funds embrace hybrid management models, with only a few choosing to manage the majority of assets in-house.
AUTHOR
Maja Garaca Djurdjevic
Active Super hit with $10.5m fine for misleading ESG claims
The Federal Court has fined Active Super $10.5 million for greenwashing misconduct, reinforcing the need for transparency in sustainable investment claims.
Grattan pushes for super tax crackdown to save $10bn annually
The government must prioritise tightening superannuation tax breaks and lowering the Division 296 tax threshold to $2 million, the Grattan Institute has urged, warning that current settings are unsustainable.
