AustralianSuper to cut equities

Viridian Financial Group announced three promotions to its investment leadership team as it merges its asset management and private wealth businesses under a single unit called Infinity.

The Super Members Council (SMC) has called out the Financial Services Council (FSC) on making selective claims about performance and costs of 'platform' super funds compared with performance-tested mainstream MySuper funds.

Global X ETF has expanded its international equity range with the launch of the Global X MSCI International Small and Mid-Cap ETF (ASX: ISMD), offering Australian investors low-cost exposure to small- and mid-cap companies across developed markets outside Australia.

Super Consumers Australia (SCA) has appointed former deputy chair of ASIC and ACCC as its board chair.