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Maritime Super criticises unfair YFYS testBY JAMIE WILLIAMSON | MONDAY, 30 AUG 2021 7:59AM
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that fund has taken steps to improve performance.Read more: Maritime Super, MySuper, Hostplus, Industry Super Australia, Your Future, Your Super, APRA, ASIC, Financial Standard, Greg Combet, Peter Robertson
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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