ASIC

Superannuation

ASIC’s senior executive leader of superannuation and insurance Jane Eccleston believes super funds should be viewing complaints as a “canary in the coalmine” for systemic...

Superannuation

Super trustee OnePath Custodians has been ordered to pay $5 million for fees for no service misconduct, less than six months after being fined $1.4 million by APRA....

Superannuation

While ASIC still believes there is a “lack of urgency” with implementing the Retirement Income Covenant, super funds say they want to ensure their products are well-devel...

Superannuation

ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry....

Superannuation

ASIC has identified superannuation as an area where it will continue to take stronger enforcement action, according to its quarterly update....

Superannuation

The super trustee has received three infringement notices for allegedly misleading statements on its social media regarding the performance of one of its investment optio...

Superannuation

The corporate regulator has commenced its first proceedings on internal dispute resolution requirements as it takes TelstraSuper to the Federal Court....

Superannuation

ASIC has warned super funds against overstating the degree of their active stewardship strategy even as new research finds their support for climate-related shareholder p...

Superannuation

ASIC has stated delays in super complaints of up to two years are a priority issue for them after AFCA reported a 135 per cent rise in complaints about claim handling del...

Superannuation

As it endeavours to strike a balance between implementing a clearer and simpler regulatory framework while still holding industry to account, the prudential regulator has...

Superannuation

Culminating civil proceedings that began in 2021, the Federal Court has found Diversa Trustees did take reasonable steps to ensure its representatives complied with finan...

Superannuation

A roundtable of super fund chief executives has shared their views on the Retirement Income Covenant and its progress with the prudential regulator. ...

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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

Australia’s largest super funds have deepened private markets exposure, scaled internal investment capability, and balanced liquidity as competition and consolidation int...

2 days 11 hours ago

The $205 billion super fund has appointed Simon Warner as chief investment officer (CIO) following a global search to replace outgoing Damian Graham....

2 days 11 hours ago

A new report warns that complexity in Australia’s super system could strip retirees of up to $136,000 in lifetime income....

3 days 11 hours ago