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Super funds extend poor disclosure to ESG holdingsBY KARREN VERGARA | MONDAY, 11 OCT 2021 7:05AM
Superannuation funds are extending their opaque disclosure practices to their environment, social and governance commitments.Read more: ESG, Rainmaker Information, Alex Dunnin, Australian Ethical, AustralianSuper, Aware Super, Cbus, HESTA, UniSuper
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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