The $13 billion fund said that two of its investment options have not attracted enough members.
The central bank has announced its latest rate decision amid signs of improving inflation in Australia and rumbles of slowing global growth.
IFM Investors has appointed an experienced financial services leader to its board.
The $94 billion fund is bolstering its portfolio management capabilities with a new appointment.
The industry body has recommended an approach that recognises unique advice needs, noting current super regulation and legislation are “overwhelmingly designed with simple, default arrangements in mind”.
The executive has been recognised for her “exceptional vision, drive and courage in her leadership of Brighter Super during periods of transformation and growth”.
Following a flurry of fund results in recent weeks, Super Review has looked back at how some of Australia’s largest funds fared in the last financial year.
The super fund has been pulled up for falsely representing the sustainable nature of some of its investment options.
Having engaged with the AMP Super trustee to address governance and risk management deficiencies since 2019, APRA has said it is now satisfied with the work undertaken.
The $80 billion fund has secured another infrastructure deal with its ongoing venture partner.