The Reserve Bank of Australia (RBA) is expected to play it safe at its December meeting, leaving the cash rate unchanged amid a delicate balancing act between stubborn inflation and faltering economic growth.
Just weeks after the firm finalised the separation of MLC Wealth from NAB, Insignia has entered an agreement to “simplify and transform its Master Trust business”.
Future Group, which manages over $15 billion in funds under management, has struck a new deal with an index provider to home in on its sustainable investment principles.
The $46 billion investment corporation owned by the government of South Australia has hired an experienced investment professional to its leadership.
The $300 billion fund has appointed a new CRO to drive its governance capabilities.
Fund returns bounced back in November following a subdued October, with SuperRatings reporting 2.4 per cent return for the median balanced option.
The country’s largest super fund has expanded its leadership as it looks to simplify its processes for members.
Law firm Maurice Blackburn has announced it has reached a settlement with MLC over a class action alleging delays in transferring members to MySuper products.
While Australian super funds continue to generate impressive long-term returns, the volatility of those returns has put the spotlight on the impact of fees and costs, a new report has shown.
Economic growth was weaker than expected, once again highlighting an economy largely sustained by population growth and government spending.