The latest issue of Financial Standard now available as an e-newspaper
Mergers push member positivityBY ANNABELLE DICKSON | THURSDAY, 10 JUN 2021 12:16PM
The recent merger activity in the superannuation sector is received positively by members but engagement is still underwhelming, new research shows.Read more: Bailey Hao, Club Plus, Energy Super, Hostplus, Intrust, Investment Trends Super Member Engagement Report, KPMG, Maritime Super, Suncorp
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.
|Brought to you by|
|Access a 20% EOY discount to Financial Standard's premium subscription. Available until 31 December 2021.|