While industry funds maintain their lead in Australia’s superannuation market, retail funds have been showing signs of recovery.
A professional has warned that the growing influence of superannuation funds on Australia’s economy could present increasing risks, after the RBA outlined a similar sentiment in its latest Financial Stability Review.
The newly created role has been described as a “significant step forward” in the fund’s evolution as a major global investor.
Australian Retirement Trust, State Super, and Macquarie Asset Management have announced the sale of their interests in the regional airport operator.
Morningstar’s latest report has shed light on super funds’ appetite for external managers amid a growing internalisation trend.
Monetary policy is expected to look through Wednesday’s abnormal price data, after it came in below 3 per cent.
The prudential regulator has described its new performance package as the “next step” in its work to sharpen trustees’ focus on improving member outcomes.
Australia is rapidly approaching a new era in its superannuation landscape, with five funds now classified as “megafunds”, according to a new report.
Peri and menopause training founder and TV journalist Shelly Horton has hit back at calls for businesses to introduce menopause leave.
The central bank has announced its latest rate decision following a month of heightened speculation.