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Keep COVID-19 in perspective: PanelBY ELIZABETH MCARTHUR | TUESDAY, 18 MAY 2021 3:23PM
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context.Read more: Conference of Major Superannuation Funds, Ashley Townshend, Global Financial Crisis, Joe Biden, Libby Cantrill, Phil Ruthven, PIMCO, Ruthven Institute, United States Studies Centre
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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