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Super funds face scrutiny in CanberraBY ELIZA BAVIN | THURSDAY, 10 OCT 2019 11:47AM
The major superannuation funds and industry associations will front the House of Representatives Standing Committee on Economics for the first time.
Read more: AMP Super, Association of Superannuation Funds of Australia, AustralianSuper, Hostplus, IFM Investors, Industry Super Australia, IOOF, Nulis Nominees Australia, QSuper, Royal Commission, Suncorp
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Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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