CBUS

People & Products

The member-owned financial services company has announced the appointment of Michael McQueen, former chief investment officer at Media Super, to its executive team. ...

Superannuation

Superannuation funds have been told they will not face regulatory action if they seek to divest Russian assets, although the closure of the Russian stock market is making...

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Editorial

There have been improvements to closing the gender gap in superannuation but women are still finding themselves penalised when it comes to their finances and their super....

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Superannuation

Superannuation funds and product providers creating retirement income products should look to create effectively default products as products requiring advice will not be...

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Superannuation

Super funds that invest responsibly are expected to take a bigger share of assets and are financially outperforming their peers....

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Superannuation

The prudential regulator will publish its findings of its investigation into the impact of the best financial interests duty on marketing expenditure of 12 superannuation...

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Superannuation

After a strong decade of returns despite a low-rate environment, returns in the superannuation industry are unlikely to be as strong, according to a panel of industry sup...

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Superannuation

The Australian Prudential Regulation Authority has raised eyebrows by revealing the degree to which it wants to influence which funds merge with which. ...

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Superannuation

Along with a benchmark test, the superannuation performance test should also have an independent assessment by a panel of industry experiences, the chairs of major super ...

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People & Products

It has made three new key appointments to head its property, private equity and equity portfolio construction teams....

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Superannuation

Ten superannuation funds experienced outflows in excess of a billion dollars as a result of the Government’s COVID-19 hardship superannuation early release regime, with i...

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Superannuation

By largely dispensing with external investment advisers, big building and construction industry fund, Cbus has claimed a saving to members of around $135 million a year....

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Superannuation

New data has emerged suggesting as many as 5% of early release superannuation applicants entirely emptied their accounts while just 10 superannuation funds paid around 68...

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Financial planning

Industry superannuation funds have been delivered a clean bill of health on their use of third-party advice services. ...

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Superannuation

When the Government’s early release superannuation scheme comes to an end, 10 funds will have made over 60% of the payments, most of them being industry funds....

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Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 22 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 23 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

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

9 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 ago

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

9 months 1 week ago