Industry funds surge ahead in satisfactionBY KANIKA SOOD | MONDAY, 8 JUL 2019 12:31PM
Industry funds have widened their lead over retail funds in how satisfied their members are with their fund's financial performance over the last 12 months, according to latest Roy Morgan research.Read more: Hostplus, Catholic Super, First State Super, Mercer, UniSuper, AustralianSuper, Cbus, Macquarie, Sunsuper, Tasplan, BT, Norman Morris, Rainmaker
Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services.
With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic.
A former chair of the SMSF Association has returned for another stint in the top job.
The chief executive of a $5.5 billion industry superannuation fund has spoken out against increasing the superannuation guarantee to 12% in a submission to the Retirement Income Review.
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