AFCA observes ‘sophisticated’ scam activity coming up in super

The Australian Financial Complaints Authority has noted instances of sophisticated scam activity in the superannuation sector amid a record number of complaints in the last financial year.

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Howarth highlights need to scrutinise super boards amid CFMEU scandal

| By Rhea Nath |

Speaking at an industry event this week, the shadow assistant treasurer has raised concerns of “vested interests” with regard to the Labor Party, unions, and industry super funds.

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Coalition commits to reversing $3m super tax if elected

Shadow assistant treasurer Luke Howarth has called for “fairness” and confirmed the Coalition will not go forward with the proposed Division 296 tax if it wins the next election.

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Women in Finance Summit 2024 launches

After a successful inaugural event last year, the Women in Finance Summit is returning in 2024 with more business insights and networking opportunities.

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Industry super-owned fundie to help kickstart local renewable fuels industry

IFM Investors is getting behind the bid for Australia to become a significant global producer of renewable fuels.

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Spirit Super and CareSuper announce merger date, executive leadership team

The funds have offered more details ahead of a merger that will create a $50 billion fund with more than 500,000 members.

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Super for housing could hold implications for investment returns: SMC

New research suggests dipping into superannuation for home ownership could have ripple effects on fund returns and the “deep well” of capital that can be invested in the Australian economy.

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Australian economy staring down a fork in the road, says Deloitte

With the RBA grappling with imperfect inflation figures amid weak growth, the data points that emerge from Q3 are set to be a pivotal juncture for the Australian economy and its policymakers, according to a macro specialist.

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Super funds reinforce responsible investment commitment with ESG appointments

Two super funds that cumulatively manage more than $120 billion have announced key ESG appointments.

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Australian Ethical ‘not chasing short-term gains’ amid more modest FY24 return

The super fund has reiterated it is ‘not chasing short-term gains’ as it reaffirms its commitment to invest ethically.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 10 months ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

9 hours 51 minutes ago

Australia’s maturing superannuation system delivers higher balances, fewer duplicate accounts and growing female asset share, but gaps and adequacy challenges remain....

14 hours ago

Global volatility and offshore exposure have driven super funds to build US-dollar liquidity buffers, a new BNY paper has found....

14 hours ago