The industry body is aiming to make Australia’s super sector “impenetrable for criminals” by developing safeguards against financial crime.
The fund has appointed a senior legal professional to the newly created role.
The superannuation industry has celebrated the passing of a bill that will provide super contributions on government-funded parental leave.
The sovereign wealth fund has shed light on its voting activity in financial year 2024, which saw it take a stand against Woodside’s climate plan and numerous ASX 200 remuneration reports.
A court has thrown out ASIC’s allegation that superannuation trustee Rest made false or misleading statements about the ability of its members to roll over funds to another superannuation fund.
As TelstraSuper joins the trend of merging into larger funds, industry experts are questioning the long-term viability of corporate offerings.
Following a comprehensive review process, the two funds have entered into a merger agreement.
Several wealth management companies have been selected as finalists at the inaugural awards program, which champions those that have transformed the Australian economy with their AI solutions.
Sharp sharemarket falls at the beginning of August failed to dampen momentum with super returns back in positive territory, according to Chant West.
The CFMEU administrator has moved to fill the vacancies that opened up on the Cbus board last month.