AMP has delivered a stronger first quarter in FY25, underpinned by continued positive net inflows into its flagship North platform and improving outflows in its superannuation business.

As market volatility persists, some super funds are pivoting defensively, while others are strategically positioning to capitalise on emerging opportunities.

Advice licensee Centrepoint Alliance has entered an agreement to acquire the comprehensive financial advice book of the super fund’s subsidiary firm.

A coalition of industry groups including the SMSF Association is demanding the government and the opposition “immediately and unequivocally rule out any move to tax unrealised investment gains in any part of the tax system”.

AMP’s new chair has used his inaugural AGM address to call for policy reform on the “decumulation” phase of superannuation and position AMP as a key player in addressing the challenge.

Rather than retreating in the face of rising volatility and geopolitical uncertainty, superannuation funds are tactically positioning themselves to capitalise on equity market weakness, prioritising liquidity and flexibility to make strategic buys.

The $16 billion fund has teamed up with a retirement income product specialist to give its members more confidence to spend in retirement.

Reserve Bank governor Michele Bullock has quashed hopes of an out-of-schedule rate cut, telling an event in Sydney that it remains too early to determine the trajectory of interest rates as the RBA grapples with growing global economic volatility.

The CEO of superannuation advocacy body ASFA has laid out the sector’s expectations for Australia’s next government, underscoring the need for policy stability to safeguard members’ retirement savings.

The super fund-owned institutional investment manager has appointed an internal candidate as its next head of operations.