2024 looks to be a competitive year for fund performance, according to SuperRatings, despite April’s sharp pullback.
Equip Super has introduced personalised retirement support services to accompany its existing retirement income options.
The executive has taken up a new role as investment manager.
The $83 billion fund has bolstered its strategic planning capabilities with the creation of a new role.
Several members of the superannuation industry have been recognised in this year’s list of honourees.
RBA governor Michele Bullock says the bank is prepared to lift rates again if inflation proves stickier than expected.
Outside of the pandemic years, GDP in the March quarter delivered the slowest rate of annual growth in three decades.
The superannuation trustee business has hit a key milestone in its bid to achieve synergy following its acquisition of Australian Executor Trustees (AET).
ASIC commenced civil penalty proceedings against the $13.5 billion fund last year over allegations it misrepresented to the market that it was an ethical and responsible superannuation fund.
The current framework of the test remains a barrier to allocating capital at scale towards the energy transition despite the government’s recent $22.7 billion commitment to drive investment in this sector, according to the Australian Sustainable Finance Institute.