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.
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.
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.
After a successful inaugural event last year, the Women in Finance Summit is returning in 2024 with more business insights and networking opportunities.
IFM Investors is getting behind the bid for Australia to become a significant global producer of renewable fuels.
The funds have offered more details ahead of a merger that will create a $50 billion fund with more than 500,000 members.
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.
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.
Two super funds that cumulatively manage more than $120 billion have announced key ESG appointments.
The super fund has reiterated it is ‘not chasing short-term gains’ as it reaffirms its commitment to invest ethically.