AusSuper defends US tech exposure amid Nvidia volatility
AustralianSuper is back in the headlines as a result of its sizeable exposure to Nvidia, with its CEO insisting DeepSeek hasn’t dented US exceptionalism.
Dividend growth ‘icing on cake’ for global income investors in 4Q24
Tech and financials are poised to deliver several global “dividend darlings” this year, an investment manager has highlighted.
AUTHOR
Jessica Penny
Jones reveals retirement ahead of election call
The Financial Services Minister has announced that he will retire from federal politics at the next election.
AUTHOR
Keith Ford
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.
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.
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
