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EISS Super answers tough questionsBY ELIZABETH MCARTHUR | TUESDAY, 12 OCT 2021 12:18PM
After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals.Read more: EISS, EISS Super, APRA, Future, Accumulate Plus Balanced, Alex Hutchinson, ASGARD Employee MySuper, Australian Catholic Superannuation, AvSuper Growth, BOC MySuper, BT Super MySuper, Christian Super, Colonial First State, Commonwealth Bank Group Super, FirstChoice, Jason Falinski, Peter Tighe, Warren Mundy
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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