POWERED BY MOMENTUM MEDIA
Iress finalises sale of super arm to Apex Group
The financial services software firm has confirmed the finalised sale of its superannuation business as it seeks to increase its focus on other key functions within the company.
AUTHOR
Jessica Penny
ART slapped with infringement notice over alleged misleading data
ART has paid just under $20,000 to comply with an infringement notice issued by ASIC over allegedly misleading performance data published on its website.
Inflation edges up, casting doubt on rate cut timing
Annual trimmed mean inflation saw a slight spike in April, according to data from the ABS.
AUTHOR
Maja Garaca Djurdjevic
Super funds suffer $20.9bn quarterly decline: APRA
Superannuation assets have fallen in the March quarter primarily due to negative investment returns amid sharemarket volatility.
QSuper settles class action
QSuper has agreed to an in-principle settlement of nearly $70 million over claims it failed to notify members of life insurance premium changes.
AUTHOR
Adrian Suljanovic
ASIC doubles down on death benefit delays in stern warning to super trustees
ASIC is not done with death benefits, commissioner Simone Constant warned trustees this week, stressing that the corporate regulator remains focused on driving a step change in how member services are delivered.
AUTHOR
Maja Garaca Djurdjevic
AusSuper leans on private assets to steady investment course
For AustralianSuper, private assets are a steady, grounding component of its investment strategy, one helping the fund mitigate risk and smooth returns, especially when public markets are volatile.
AUTHOR
Maja Garaca Djurdjevic
Market turbulence setting the stage for active management’s resurgence
Active managers say that today’s market volatility and dislocation are creating a fertile ground for selective stock picking, reinforcing their case against so-called “closet indexers”.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Class action alleging AMP prioritised profits over members kicks off
A major class action against AMP will commence in the Federal Court today (27 May), with more than 2 million super members alleging the firm’s trustees overcharged fees over a 12-year period.
Super funds call for indexing $3m tax to protect policy integrity
Support for the $3 million super tax is strong across the industry, but with the possible July 2025 start date nearing, focus is turning to a key flaw – the lack of indexation.
AUTHOR
Maja Garaca Djurdjevic
