While the government consults on the design of the test, ART’s head of investment strategy has weighed in on concerns the test discourages investment in some sectors such as the net zero transformation.
Blake Briggs joins a long list of renowned speakers at the first-ever Australian Wealth Management Summit, including senator Jane Hume, AMP’s chief economist Dr Shane Oliver, and Future Fund deputy chief investment officer Alicia Gregory.
The prudential regulator has announced it will publish new expenditure data of superannuation funds, providing details on expenses like advice, director remuneration, and payments to unions.
BlackRock boss Larry Fink praised Australia’s superannuation system in his annual chairman’s letter.
Affirming the UK’s growing attractiveness as an investment destination, a number of Australia’s largest investors recently joined the UK Foreign Secretary for an exclusive briefing in Canberra to discuss further opportunities for trade and growth.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The specialist superannuation law advisory practice is set to wind up, with managing partner Jonathan Steffanoni planning to bring a new offering to market.
New data from Aware Super highlights a steep rise in financial crimes targeting superannuation, noting Australians’ lack of engagement with their super fund compared to other financial services could be a contributing factor.
The firm has grown its wealth management team with an experienced distribution specialist.
A leading auditor suggests that rather than introducing the $3 million super tax, the government has two alternative options to generate more income.