CIO cautions crypto’s high volatility makes it unsuitable for super

Despite the recent surge in cryptocurrency, a superannuation professional says that its high volatility and speculative nature render it unsuitable for superannuation portfolios.

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AFCA consults on ‘minor clarifications’ to superannuation death benefits approach

The Australian Financial Complaints Authority (AFCA) has launched consultation on its approach to superannuation death benefits.

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IMF backs removal of super tax breaks

The Australian government should phase out tax breaks from superannuation and capital gains, according to the latest report from the International Monetary Fund.

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Cbus names property stalwart as senior investment director

The $94 billion fund has appointed a property investment veteran to a senior role within the team.

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Super returns defy expectations amid increased volatility

Strong returns in a historically subdued September have helped deliver the strongest first quarter result since 2013.

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AustralianSuper bolsters America’s team amid offshore expansion

The country’s largest fund is bolstering its team in a region of “great strategic importance”.

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OnePath, ANZ cop $50m fine in super class action settlement

A super trustee and a big four bank have settled a class action commenced in 2020.

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BNP Paribas driving global capabilities & local expertise in Australia & New Zealand

Shaping the future: discover how global custodians are driving innovation through digital solutions in the Australian and New Zealand markets.

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Retirement solutions firm makes acquisition

Global retirement administration business MUFG Pension and Market Services has fully acquired Moneysoft, an Australian digital solutions provider.

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Rest to commence search for new CIO

The fund has confirmed the departure of its chief investment officer Andrew Lill after a five-year tenure.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax ...

6 hours ago

Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations o...

6 hours ago

Institutional investors have increased their risk exposure over June amid tempered levels of market volatility....

6 hours ago