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Infrastructure investment builds to $170bnBY ALEX DUNNIN | TUESDAY, 11 MAY 2021 7:36PM
The government has announced a $110 billion infrastructure project pipeline to help fuel the post COVID-19 economic stimulus, and it's not just concrete and steel.Read more: Infrastructure, Digital, APRA, Artificial Intelligence Centres, AustralianSuper, Aware Super, Cbus, HESTA, Hostplus, Josh Frydenberg, QSuper, State Super, Sunsuper, UniSuper
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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