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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The managing director of an AMP-aligned dealer group is exiting the business to take on a new role.
BT Financial Group has shut down a $670 million global property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors.
Perpetual has confirmed the appointment of a head of risk, promoting from within to fill the newly created role.
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise.
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