POWERED BY MOMENTUM MEDIA
ASIC to double down on unsuitable super advice
Among the most significant issues within its regulatory remit, ASIC has highlighted unsuitable superannuation advice resulting in adverse consumer outcomes.
AUTHOR
Maja Garaca Djurdjevic
Active managers continue to cede territory to Aussie funds
Australialia’s superannuation industry continues to grow in scale and challenge traditional active managers, analysts have highlighted.
AUTHOR
Jessica Penny
Super sector backs reform to enhance member outcomes
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.
AUTHOR
Maja Garaca Djurdjevic
Despite lack of support, Labor committed to Div 296
Despite the unlikelihood of securing enough Senate crossbench votes for the controversial tax change, the Treasurer remains firm on Division 296.
AUTHOR
Keith Ford
Cbus latest to join $100bn+ club, posts double-digit returns in CY24
Cbus’ default Growth (MySuper) investment option generated returns of 10.77 per cent in calendar year 2024.
AUTHOR
Jessica Penny
Rest unveils newly created chief of staff role
The $93 billion fund has appointed a senior financial services and superannuation expert to help home in on its strategic goals.
AUTHOR
Jessica Penny
Why AMP is staying overweight in US shares in 2025
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.
AUTHOR
Jessica Penny
HSF says super funds to be key players in 2025 M&A landscape
Super funds are expected to emerge as major players in the 2025 M&A landscape, according to a law firm.
Investors rotate out of US equities, lagging risk assets play catch-up
While investors remain bullish on the US dollar and equities, they are bearish on just about everything else, Bank of America has found.
AUTHOR
Jessica Penny
Australia Institute defends Div 296 as Coalition calls it a ‘terrible idea’
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”.
AUTHOR
Keith Ford
