The Government’s proposed super performance test could achieve ‘mega scale’ but at a price of diseconomies of scale and concentration risk, JANA believes....
Superannuation funds will have to pass an objective performance test to be able to take on new members under new arrangements announced in the Budget....
While there is a possible danger of members remaining in poorly-performing super funds, this is the better option than them accumulating multiple accounts....
The superannuation performance test will allow consumers to compare “apples with apples” and will not necessarily take into account benchmarks funds have set for themselv...
The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO. ...
ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement....
The fund has unveiled reforms to streamline death benefit payments, cut processing times, and reduce complexity....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...