Renewed calls for risk-adjusted returnsBY KARREN VERGARA | MONDAY, 12 AUG 2019 11:21AM
The endemic use of headline returns to pit a superannuation fund's performance against another has renewed calls for a fairer, like-for-like comparison that focuses on risk as the key metric.Read more: MySuper, Rainmaker, Robert, APRA, EISS Super, Hostplus, Media Super, Productivity Commission, Alex Dunnin, Cbus, ESSSuper, Leeanne Turner, Maritime Super, Monash University, MTAA Super, Peter Robertson, UniSuper, WA Super
An activist short seller that accused an ASX-listed agricultural fund of running "scams" was dealt a blow in a Supreme Court judgment handed down yesterday.
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit.
A former Macquarie Group financial adviser has been permanently banned from the industry, following an ASIC investigation into the adviser's "dishonest" and "misleading" behaviour.
It's the end of the road for a BT multi-asset fund managed by Pendal after 52 years, as investor demand ebbs out.
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