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AMP Capital included in UNPRI Leaders GroupBY ALLY SELBY | THURSDAY, 8 OCT 2020 12:36PM
AMP Capital has been included in a prestigious list celebrating excellence in responsible investment, amid a turbulent year during which controversy after controversy has rocked the investment manager.Read more: AMP Capital, Australian Ethical Investment, Aware Super, Boe Pahari, CBUS, Charter Hall Group, Dexus, Lendlease, New Zealand Superannuation Fund, Paris Climate Change, United Nations, UNPRI Leaders Group
In a year the average fund posted over 18% in returns, CommBank's Essential Super was the top one-year performer.
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday.
The Federal Court found that RI Advice Group's failure to provide rigorous oversight over a former financial adviser resulted in bad advice to consumer detriment.
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition.
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