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ABC, ISH arrangement faces scrutinyBY KARREN VERGARA | MONDAY, 29 MAR 2021 12:39PM
APRA is facing mounting pressure to investigate the complex arrangements and quantify the financial terms between industry superannuation funds and the ABC, a parliamentary inquiry heard this morning.Read more: ABC, APRA, Industry Super Holdings, The New Daily, ASIC, Committee Economics, Helen Rowell, Industry Super Australia, Jason Falinski, Westpac
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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