The latest issue of Financial Standard now available as an e-newspaper
Consumer group slams super self-assessmentsBY ELIZABETH MCARTHUR | MONDAY, 30 AUG 2021 12:20PM
Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre.
Read more: Super Consumers Australia, AvSuper, Maritime Super, APRA, Mercer, MOA, Toyota Super, Suncorp, TWUSUPER, Catholic Super, Commonwealth Bank Group Super, Mine Super, MLC, Local Government Super, AMG, BT, Christian Super, Colonial First State, EISS Super, Equipsuper, Hostplus, LGIAsuper, LUCRF Super, MySuper, Qantas Super, Xavier O'Halloran
|Sponsored by Clearbridge|
Delivering Income from Infrastructure
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager.
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock.
Mirae Asset Global Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business.
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.
|Brought to you by|