The super fund for education and community-based professionals has announced a series of appointments following its approval of independent directors to its board.
Board directors appointed by the Construction, Forestry, and Maritime Employees Union to the Cbus super fund have stepped down.
While the test has played a key role in removing underperforming MySuper products, its approach to the Choice segment warrants further discussion, according to professionals.
The fund manager has flagged a number of developments as it formally enters the superannuation space.
The prudential regulator has released the results of its latest performance test.
Australian Ethical is maintaining its FUM hot streak as it seeks to grow the business.
The prudential regulator is preparing to launch a stress test to reveal potential “contagion sources”, having found that the interaction between super funds and private credit is “opaque”.
The prudential regulator has flagged supervisory focus on trustees’ implementation of the Retirement Income Covenant, among other priorities.
It marks the fund’s first infrastructure deal originating out of its London office.
Despite a $1.1 billion hit, Australia’s largest super fund says it remains “strongly committed” to private equity.