Editor's Choice
UniSuper selects new group insurer
After more than a decade in business, UniSuper has dropped TAL as its group insurer.
MLC Private Equity launches insto fund
A new private equity fund launched by MLC Private Equity has raised US$762 million ($1.2bn).
Two Brisbane advice firms merge
Brisbane-based financial advice firms Eureka Whittaker Macnaught (EWM) and Blue Harbour Financial Partners, which are part of AZ NGA, have announced their merger.
Powell backflips on rates pushing back RBA cut expectations
This comes as the IMF urges global central banks to remain vigilant to keep inflation down.
Further Reading
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Sponsored by | Quality and Yield. A Powerful combination.With central bank rates seemingly peaked, investors are not awaiting yield increases. We're bucking the trend with investment rates at decadal highs |
Sponsored by | Why it could be a good time to be a growth contrarianGrowth-style companies are in vogue, but you may need to think outside the box to ensure you don't overpay. |
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Featured Profile
Fiona Mann
HEAD OF LISTED EQUITIES AND ESG
BRIGHTER SUPER
BRIGHTER SUPER
Brighter Super head of listed equities and ESG Fiona Mann was shaped by a childhood steeped in military-like discipline and global nomadism. Andrew McKean writes.
This suggestion shows a gross misunderstanding of both the purpose and laws surrounding Superannuation. It is not appropriate for the funds to act to save member jobs. The Super fund's role is to provide for retirement benefits, not try to soften member's journey toward retirement. Thus they need to invest where they can see the money they are responsible for getting a return. Propping up failing businesses is entirely outside that remit. There is a little thing called the Sole Purpose Test which I would suggest to the Prime Minister would be worth reading.