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
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|