ASIC sues Cbus over insurance claim delays
ASIC has filed documents in the Federal Court, formally launching legal proceedings against Cbus.
Liquidity pressure on super funds could threaten financial stability, RBA says
The RBA governor has warned that Australia’s super funds, despite holding stable assets, could amplify market stress if forced to liquidate in response to sudden liquidity demands.
The ‘missing middle’ an opportunity for super funds in advice
An industry veteran says superannuation funds should be doing more to help Australians manage their retirement savings while financial advice remains unattainable for many.
How to foster diversity and inclusion in the workplace
Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits, according to one executive.
HESTA puts MinRes on ‘watchlist’ amid leadership scandal
The industry fund has flagged the ASX-listed company for “recent governance failures” regarding its response to allegations made against its CEO.
Funds navigate October turbulence with modest gains
Funds grappled with a challenging October as SuperRatings reports a modest 0.3 per cent return for the median balanced option.
$37bn fund to take Iress to court
The legal proceedings are understood to relate to an existing dispute with the platform administrator.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Trump’s victory spurs fears of global inflation surge, say economists
The election of Donald Trump as the 47th President of the United States signals a looming era of heightened global inflation, warn local economists.
Mega funds’ growing exposure to illiquid assets requires closer scrutiny, analyst warns
Super funds’ exposure to illiquid assets will need to be closely monitored as mega funds continue to grow larger, an analyst has said.
Winners unveiled for Australian AI Awards 2024
Momentum Media has announced 25 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards.
