The structural shift towards active ETFs will reshape the asset management industry, according to McKinsey, and financial advisers will be a key group for managers to focus their distribution.
A hawkish post-meeting RBA has cast doubt over the possibility of another rate cut in 2025.
Super funds are being urged to do more to protect older women from financial insecurity as life events widen retirement gaps.
The central bank has announced the official cash rate will remain at 3.6 per cent following higher-than-expected inflation figures.
Equip Super has appointed Michelle Cheong as chief risk officer, strengthening its governance framework with nearly two decades of industry experience.
The regulator has highlighted weaknesses in super fund financial reporting, warning inconsistent disclosures and poor audit practices risk undermining member confidence.
The industry fund has reduced investment fees across key super options and lowered the entry point for retirement products to improve member outcomes.
Economists from one of the big four banks have said the RBA will hold rates steady until May 2026, pushing back expectations for cuts as inflation proves sticky.
Super Members Council has warned millions of Australians risk confusion in retirement unless rules are simplified and advice reforms accelerated.
The regulator has fined the super fund over false insurance notices, urging super trustees to strengthen systems and avoid errors that erode retirement balances.