Government under fire over industry superannuation favouritism
The Government's apparent favouritism of industry superannuation funds is attracting increased criticisms from the financial planning industry including, most notably, the Financial Planning Association's Mark Rantall. The criticism comes as Federal Opposition Senator David Bushby called for greater accountability from APRA in the wake of controversy surrounding MTAA Super. All this and more in the latest digital edition of Money Management.
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Data and technology provider Novigi has acquired Iress’ superannuation consulting and managed services business from Apex Group.
AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions.
Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
