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NEWS AND RESEARCH
ASIC has filed documents in the Federal Court, formally launching legal proceedings against Cbus.
Organisations must go beyond recruiting a diverse workforce and embed a culture of inclusion to reap the benefits, according to one executive.
The RBA governor has warned that Australia’s super funds, despite holding stable assets, could amplify market stress if forced to liquidate in…
An industry veteran says superannuation funds should be doing more to help Australians manage their retirement savings while financial advice remains…
The industry fund has flagged the ASX-listed company for “recent governance failures” regarding its response to allegations made against its CEO.
Funds grappled with a challenging October as SuperRatings reports a modest 0.3 per cent return for the median balanced option.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
Spire Oaktree Opportunities XI Second Close
61.07 3 y p.a(%)
2
Spire Oaktree Opportunities XI First Close USD
59.21 3 y p.a(%)
3
DomaCom Lot 21 Chellaston Road Munno Para West SA 5115 Australia
32.57 3 y p.a(%)
4
Fidante Credit Suisse Global Private Equity
31.06 3 y p.a(%)
5
DomaCom 4/27 Crombie Avenue Bundall QLD 4217 Australia
27.42 3 y p.a(%)
SUPERANNUATION
An industry veteran says superannuation funds should be doing more to help Australians manage their retirement savings while financial advice remains unattainable for man...
The industry fund has flagged the ASX-listed company for “recent governance failures” regarding its response to allegations made against its CEO. ...
Funds grappled with a challenging October as SuperRatings reports a modest 0.3 per cent return for the median balanced option....
The legal proceedings are understood to relate to an existing dispute with the platform administrator. ...
The election of Donald Trump as the 47th President of the United States signals a looming era of heightened global inflation, warn local economists....
PEOPLE & PRODUCTS
The industry fund has added a new executive to its team....
The fund’s inaugural chief retirement officer is looking to establish a new venture. ...
The financial services company has made two senior appointments to its super and investments leadership team. ...
The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month. ...
The industry body is adding 25 years of financial services experience to its leadership team with a new appointment. ...
FUNDS MANAGEMENT
In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities....
The mega fund has announced a $2.2 billion investment in a leading data centre platform, bringing its global real assets portfolio to nearly $60 billion....
In this latest edition, Australian Retirement Trust’s head of global real assets Michael Weaver explains the fund’s approach to finding new opportunities as it surpasses ...
Fund managers remain hopeful for a Chinese revival story despite the “disappointing” stimulus package announced this week....
In this latest edition, Darren Spencer, lead investment director at Mercer, shares the fund’s process in assessing opportunities in a shifting investment landscape....
FINANCIAL ADVICE
APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers....
Cbus Super has unveiled Advice Essentials Plus, a new service offering affordable financial advice to both members and their partners....
The fund has launched a new tool to help deliver personalised financial education and digital personal advice to eligible members....
The industry body has recommended an approach that recognises unique advice needs, noting current super regulation and legislation is “overwhelmingly designed with simple...
The first Delivering Better Financial Outcomes bill passed the Senate on Thursday afternoon before sailing through the House of Representatives a few hours later as a mat...
INSTITUTIONAL INVESTMENT
The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update....
Australia is becoming increasingly recognised as an attractive investment opportunity against global counterparts, recent analysis has found....
Pension funds in Australia and the UK are embracing recent developments that will facilitate the deployment of superannuation capital toward the energy transition in both...
With the Goldman Sachs’ S&P 500 long-term outlook occupying headlines over recent days, an Aussie economist has weighed in, noting that, while difficult to time, the US m...
The appetite for digital infrastructure has grown significantly among Australia’s superannuation funds, with assets like data centres, fibre optic networks, and telecommu...
INSURANCE
The insurance company has joined this year’s awards as a principal partner....
The $135 billion fund has transitioned away from TAL Life Insurance following an “extensive tender process”....
The $80 billion fund is facing legal action over allegedly signing up new members to income protection insurance by default without active member consent....
In a Senate submission, the Financial Services Council has once again called for further clarification that the government will assess the consumer outcomes of group insu...
The Federal Court has ruled in favour of QSuper regarding non-payment of a total and permanent disablement benefit to a member....
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 ...