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Court says minister has 'duty of care' in coal investmentBY ELIZABETH MCARTHUR | FRIDAY, 28 MAY 2021 12:39PM
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change.Read more: Federal Court, Federal Environment Minister, Vickery, David Barnden, Mark McVeigh, Environment Minister Sussan Ley, Equity Generation Lawyers, Laura Kirwan, northern New South Wales
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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