Retail superannuation funds grilled on member priorities

The latest issue of Financial Standard now available as an e-newspaper

READ NOW

BY KARREN VERGARA | TUESDAY, 24 NOV 2020 12:31PM

A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders.

Read more: Superannuation, BT, OnePath, MySuper, Mercer, Vanguard, APRA, Andrew Leigh, Daniel Mulino, David Bryant, Melinda Howes, SmartPath, Suncorp, Victoria Weekes

VIEW COMMENTS

Related News

►	APRA Connect to go live in 2021
►	APRA hands down self-assessment report
►	MySuper performance recovers, hits record high
►	Rice Warner weighs in on Your Future, Your Super
►	Super fund targets homegrown opportunities
►	QLD super funds advance merger
►	Super funds boost stake in US toll roads
►	Ignition Advice expands team
►	Six Park launches ESG options
►	Macquarie IM the nation's largest manager

Editor's Choice


First Sentier launches infrastructure fund KARREN VERGARA First Sentier Investors has launched a new US-listed infrastructure fund that is managed locally.	Ignition Advice expands team ELIZABETH MCARTHUR Digital advice technology provider Ignition Advice has appointed a business development director for APAC, as it grows its global team.

Citi unifies global wealth management business ELIZABETH MCARTHUR Citi has overhauled its wealth management business, bringing together its global consumer banking and institutional client operations.	IFM impersonated in scam ELIZA BAVIN IFM Investors has become the subject of an email scam as it also battles claims it overvalued certain assets.

Videos

Brought to you by

Patience is a virtue

Australian Ethical: Why we focus on healthcare companies

Big government, low growth and inflation: The new normal for markets

Building resilience

AXA IM | What to consider when developing a strategy for sustainable investing

Welcoming our new ESG title: FS Sustainability

Pyrford International: Generating long-term positive performance

MORE VIDEOS ►

Get it Daily

Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO ►

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO ►

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO ►

Expert Feed



Phil Anderson General Manager Policy & Professionalism Association of Financial Advisers	Elisha Edwin Associate Lawyer Conditsis Lawyers	Damian Ryan Partner, Tax National Sector Lead, Asset and Wealth Management KPMG Australia	David Thornton Journalist Money Magazine
The rise and fall of multiple advice regulators	Neighbours inherit waterfront estate	Retirement Income Review: What next for superannuation?	Reverse mortgages: Lifeline for retirees or risky move?
What does the Government's announcement this week, to create a single, central disciplinary body for financial advisers mean for advisers? It should mean ...	In Moore v Aubusson [2020] the plaintiff couple sought a declaration that the defendant executor held the whole of the deceased's estate on trust for ...	The federal government's recent release of the Retirement Income Review is a welcome step forward in superannuation policy development. Unlike some ...	The findings of the recently-released Retirement Income Review underscore the importance of utilising the retirement income system in its entirety. That ...
READ MORE ►	READ MORE ►	READ MORE ►	READ MORE ►

Industry Events

MORE INDUSTRY EVENTS ►

FEB

Investment Leadership Awards

►

MAR

Chief Economist Forum

►

MAR

Chief Economist Forum

►

MAR

Advisers Big Day Out - Perth

►

MAR

Advisers Big Day Out - Adelaide

►

Your Opinion

MORE POLLS ►

Many super funds significantly increased insurance premiums in 2020, largely attributing the rises to industry reform. Do you anticipate the trend to continue in 2021?

Featured Profile

MORE PROFILES ►

John McMurdo

CHIEF EXECUTIVE OFFICER AND MANAGING DIRECTOR
AUSTRALIAN ETHICAL INVESTMENT LIMITED

Australian Ethical's chief executive John McMurdo's adventure into the world of mountain biking kicked into gear more than a decade ago. He speaks to Ally Selby about the discipline's surprising similarities to business.

READ MORE ►

Professional Subscription for $295
(inc GST) for 1 year.

Premium Subscription for $395
(inc GST) for 1 year.

Principal Subscription for $495
(inc GST) for 1 year.

ACCESS MORE CONTENT

FS Advice

The Australian Journal of Financial Planning.

MORE INFO ►

ACCESS MORE CONTENT

FS Super

The Journal of Superannuation Management.

MORE INFO ►

ACCESS MORE CONTENT

FS Private Wealth

The Journal of Family Office Investment.

MORE INFO ►

ACCESS MORE CONTENT

FS Managed Accounts

The Journal for Managed Account Professionals.

MORE INFO ►

Download the app

Premium subscribers can access even more content from Financial Standard.

► AFSL Support Services	► Research Houses

► Cash Flow Financing	► Research Services

► Contracts for Difference	► Retirement Products

► Education & Training	► Reverse Mortgages

► Industry Associations	► Stockbroking Services

► Investment Managers	► Structured Investments

► Managed Accounts	► Super Funds Personal

► Margin Lending	► Super Funds SMSF

► Online Brokers	► Super Funds Workplace

► Portfolio Services	► Technology Providers

► Recruitment Firms	► Third Party Marketing