Sunsuper earns award



Industry fund Sunsuper has this week gone back-to-back in being rated the best value superannuation fund in Australia.
The rating, issued by SuperRatings, saw Sunsuper awarded for a second year in succession after being measured against a field of 450 other superannuation products.
Announcing the award, SuperRatings chief executive Nathan MacPhee said the fund had been recognised for its solid investment performance and competitive fees.
As well, he said Sunsuper had been recognised as being a market leader in relation to engagement, advice and communication for and with members.
Recommended for you
ASIC has accepted a court enforceable undertaking from a Perth-based company auditor who failed to adequately conduct multiple audits on an advice firm that receivers say has $100 million missing.
After a brutal month for adviser numbers, the net loss for June now stands at more than 100 advisers, but the financial year is still on track to end in positive territory.
Two advice platforms have been identified by Adviser Ratings as standouts for efficiency as time-pressured advisers become evermore fickle in their platform selection.
Private wealth manager Escala Partners has increased its alternatives allocations to more than a third in the past three years, describing the asset class as offering “fertile ground” for diversification.