super funds

Superannuation

The chief executives of Australia’s major superannuation industry bodies agree that retail superannuation funds have faced tough times in the wake of the Royal Commission...

Policy & Regulation

APRA confirms super funds facing possible RC action

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

Policy & Regulation

Industry funds urge publication of firm level complaints data

The number of complaints received about individual firms should be available to financial services customers, according to the Australian Institute of Superannuation Trus...

Superannuation

Rest reviews structure and creates CIO position

Industry super fund Rest has refined its investment structure and governance framework to position it for further growth following a 12-month review. ...

Superannuation

Stockspot outperforms super funds

A super fund investing in index funds has beaten the best-performing super funds with returns of 10 per cent per annum....

Funds management

GAM Systematic’s alternative strategy hits US$2bn

GAM Investments’ Systematic alternative risk premia strategy has surpassed US$2 billion in assets under management thanks to strong inflows....

Superannuation

Have Govt’s super moves generated an uptick in claims?

More unintended consequences appear to have emerged from the Government’s changes to insurance inside superannuation, with superannuation funds reporting an uptick in cla...

Superannuation

Lonsec looks to break-down contradictory super descriptors

Research and ratings house, Lonsec has launched a Super Asset Allocation comparison tool aimed at cutting through the contradictions of what represents a ‘balanced’ super...

Life/Risk

Did the Govt fail to understand ‘risk-only’ super fund members?

Serious questions have been raised about whether the Government even understood the existence of hundreds of thousands of ‘risk-only’ superannuation fund members when it ...

Policy & Regulation

Sydney-based financial planning firm enters into liquidation

Sydney-based financial planning firm Jade Private Wealth has entered into receivership....

Superannuation

Law firm warns against further group insurance removal

The commencement date for switching off insurance inside super for low balance accounts should be deferred to 1 October, this year, according to a leading superannuation ...

Financial planning

VOFF accuses Labor of “politicising a crime” in Trio fraud

Aussie politicians make “politicised and dishonest decisions about ‘fraud’” despite having no law enforcement of forensic investigation skills, Victims of Financial Fraud...

Superannuation

Super funds falling short on advice offerings

Issues when seeking face-to-face financial advice is the number one unresolved problem most super fund members have when engaging with their funds, with funds’ advice off...

Superannuation

SMSFs in need of advice in key areas

Self-managed superannuation fund members say they want more financial advice, with 315,000 reporting they had unmet advice needs this year, up from 275,000 last year, but...