SUPER FUNDS

Funds management

Australia is well-positioned to be at the forefront of the future of private capital, with total private capital assets under management reaching a record $68 billion. ...

image
Funds management

As the current crisis is testing investment ‘truths’, Parametric has claimed gold’s expected negative correlation to equities is worth interrogating with an institutional...

image
Superannuation

With the average early release superannuation draw-down standing at slightly over $8,000 and with the load spread across virtually superannuation funds, the industry is h...

image
Policy & Regulation

The Australian Securities and Investments Commission was only conducting five investigations relating to industry funds compared to 16 relating to retail funds. ...

image
Financial planning

Confronted by almost record levels of inquiries to call centres, superannuation fund executives have again canvassed extending the scope of intra-fund advice. ...

image
Superannuation

Both AustralianSuper and UniSuper have been reported as having imposed a downward revaluation of their unlisted assets....

image
Superannuation

Superannuation industry executives have acknowledged the potential for funds to run into liquidity issues because of the downturn and risk to jobs in the travel, hospital...

image
Financial planning

The Federal Government is being confronted by an increasingly united front on the need to retain the deductibility of advice fees from MySuper products....

image
Funds management

Industry funds-owned IFM Investors has maintained its relative silence on how it remunerates its executives, arguing that a key parliamentary committee is seeking more in...

image
Policy & Regulation

A coalition of consumer groups has pointed to key changes to advice and life insurance resulting from the Royal Commission and insisted on no loopholes and no carve-outs....

image
Financial planning

Financial Planning Association chief executive, Dante De Gori has pointed to the impacts of increasing regulatory oversight with the cost of generating a statement of adv...

image
Policy & Regulation

Superannuation fund trustees will not be able to resort to members’ funds held in trust to pay civil penalties arising from the new Financial Accountability Regime....

image
Funds management

Changes surrounding climate change will be the world’s ‘third revolution’, according to Fidelity global head of stewardship and sustainable investing Jenn-Hui Tan....

image
Financial planning

A West Australian adviser has told the Federal Treasury that industry funds have been allowed to hide behind intra-fund advice and to create an environment that favours o...

image
Funds management

Industry funds-backed IFM Investors has taken a lashing from the Assistant Minister for Financial Services, Senator Jane Hume, over its payment of $12.7 million bonus to ...

image
 

MARKET INSIGHTS

sub-bg sidebar subscription

Never miss the latest news and developments in wealth management industry

Simon

Who get's the $10M? Where does the money go?? Might it end up in the CSLR to financially assist duped investors??? ...

4 days 18 hours ago
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...

1 week 4 days 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...

1 week 4 days 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 2 weeks 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 2 weeks ago