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Industry super satisfaction continuesBY HARRISON WORLEY | MONDAY, 16 SEP 2019 11:36AM
Industry superannuation funds continue to dominate satisfaction within the super sector with the retail sector continuing to be weighed down by Royal Commission fallout.
Read more: Royal Commission, Roy Morgan, AustralianSuper, CareSuper, Catholic Super, First State Super, HESTA, Hostplus, Macquarie, UniSuper
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
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COVID-19 has seen more than half a million Australians lose their jobs and countless businesses shuttered but for SMSF trustee landlords offering rent relief to those facing financial hardship could mean they fail to meet the sole purpose test.
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Liberal MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest.
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A corporate superannuation fund has pushed back its date of a planned successor fund transfer to Sunsuper by a year and is prepping members for potential future delays from COVID-19.
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