CareSuper appoints new chief member officer
The super fund has strengthened its leadership with the appointment of Katrina McPhee as chief member officer to enhance retirement outcomes and service.
AUTHOR
Adrian Suljanovic
Private credit boom puts smaller super funds in the firing line, ASIC review warns
An ASIC-commissioned report warns that private credit’s rapid growth masks weak disclosures, conflicts of interest, and a heavy concentration in property lending that could leave smaller and self-managed super funds exposed when the cycle turns.
APRA warns super trustees adviser input doesn’t remove obligations
APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the spotlight on the Shield Master Fund and First Guardian Master Fund during a meeting with fund CEOs.
UniSuper promotes Andrew Gregory to newly created role
The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer.
AUTHOR
Adrian Suljanovic
Hauser warns on rising super fund liquidity risks
The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency exposure effectively.
AUTHOR
Adrian Suljanovic
Super funds extend strong start to financial year
Super funds have built on early financial year momentum, as growth funds deliver strong results driven by equities and resilient bonds.
AUTHOR
Adrian Suljanovic
Brighter Super CIO to step down
The super fund has announced that Mark Rider will step down from his position of chief investment officer (CIO) after deciding to “semi-retire” from full-time work.
AUTHOR
Adrian Suljanovic
Rest invests $390m into triple-net lease REIT
Rest has joined forces with alternative asset manager Blue Owl Capital, co-investing in a real estate trust, with the aim of capitalising on systemic changes in debt financing.
Future Fund CIO departs on a high as portfolio records strong growth
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO.
AUTHOR
Staff Writer
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‘Inconsistent’ practices in private credit flagged by ASIC
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement.
