The latest issue of Financial Standard now available as an e-newspaper
Super funds don't vote together: ACSIBY ELIZABETH MCARTHUR | THURSDAY, 23 SEP 2021 12:52PM
The House of Representatives committee looking into common ownership of ASX companies has continued this week, with the super industry hitting back at suggestions that funds act in unison.Read more: ACSI, ASX, Cbus, House of Representatives, Australian Council of Superannuation Investors, Justin Arter, Kristian Fok, Liberal MP Tim Wilson, Louise Davidson, Matt Comyn
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.|