Credential stuffing attacks have heightened cyber risks in the super sector, prompting regulators to demand stronger identity protections to safeguard members’ retirement savings.
Passive investing is reshaping Australian equities, giving rise to a “no information trade” in which large-cap stocks swing sharply despite little or no fresh news.
One of Australia’s largest super funds has announced a new CEO.
Industry bodies have welcomed ASIC’s interim private credit report, signalling a push for stronger governance and clearer standards across the sector.
RBA governor Michele Bullock warns of global trade risks as domestic inflation cools and employment remains near full capacity.
AMP chief economist Shane Oliver says investors should treat both extremes with scepticism after a week of starkly different climate projections.
The federal government’s new 2035 climate target is being billed as a signal to investors that Australia is serious about mobilising capital for the transition to net zero.
The super fund has strengthened its leadership with the appointment of Katrina McPhee as chief member officer to enhance retirement outcomes and service.
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 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.