SUPERANNUATION

INDUSTRY NEWS

Super funds’ asset allocation is a more influential element on their performance than their size or scale, research by Frontier Investment Consulting concludes....

INDUSTRY NEWS

The super system has been a “major success” with a majority of retirees saying compulsory super has given them a comfortable retirement, according to a new survey....

INDUSTRY NEWS

The Australian Prudential Regulation Authority (APRA) has revealed that five funds have failed to meet the benchmark of its second MySuper performance test....

INDUSTRY NEWS

The Australian Securities and Investments Commission is calling on superannuation trustees to improve the effectiveness of target market determinations after a sample rev...

INDUSTRY NEWS

Sydney-based fund manager Antipodes Partners has won a $1 billion mandate with leading industry super fund HESTA....

INDUSTRY NEWS

SuperRatings has analysed super fund performance in line with the Government’s performance test criteria and found that 90% of trustee directed options are estimated to p...

INDUSTRY NEWS

Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year as well as ...

INDUSTRY NEWS

The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....

INDUSTRY NEWS

ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

INDUSTRY NEWS

Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....

INDUSTRY NEWS

Analysis from SuperRatings predicts that approximately 20% of superannuation options will fail this year’s performance test due in August....

INDUSTRY NEWS

Major shifts in the constructions of portfolios should not occur until a more permanent outlook on the global economy is gleaned....

 

MARKET INSIGHTS

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JOHN GILLIES

Amazing ! Between the beginning of licencing Feb 2002 and 2008 this was a very good stable industry.Then the do-gooders...

56 minutes 20 seconds ago
So happy to hear this

It couldn't happen to a more worthy organisation - good luck to the heroes coming to clean the place up!...

1 hour ago
Toni Watson

Yes used the money that should have been invested as if it was his own. Thought he was invincible but the house of cards...

2 hours 12 minutes ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

10 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months 4 weeks ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

10 months 1 week ago