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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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A former financial adviser and licensee director has been sentenced to six years' imprisonment for misappropriating close to $2 million for his own use.
Pinnacle Investment Management's 16 affiliates tallied up only $3 billion in net inflows in FY20 as institutional allocators deferred mandate decisions in COVID-19 but the firm managed to grow NPAT by 5.6% to $32.2 million.
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo.
The self-managed super fund administration and software provider has appointed two new technology leads, set to help Class continue to grow and innovate.
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