The outcome of the US election is unlikely to disrupt the operational strategies of Australian superannuation funds, even though specific assets may feel the effects.
The central bank has served up a disappointment for punters on Melbourne Cup Day.
The fund’s inaugural chief retirement officer is looking to establish a new venture.
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update.
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.
The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones.
APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers.
The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.
Super Review announced 21 winners at the annual Super Fund of the Year Awards, including the recipient of the prestigious Fund of the Year Award.
APRA data shows the CFMEU accounted for 28 per cent of super fund industrial contributions, with the shadow treasurer calling for a prompt investigation into the payments.