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| | | AMP Super, Colonial First State (CFS) and MLC have delivered strong returns for members with growth-focused options posting double digit gains despite heightened market volatility and geopolitical uncertainty. AMP Super said MySuper members invested ... |
| | | | Nearly 40% of sovereign wealth funds have an allocation to ETFs, a new report from Invesco shows, underscoring their expanded roles among institutional investors as their rate of adoption hits a "meaningful threshold". Invesco's Global Sovereign Asset ... |
| | | | Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ... |
| | | | ... Super chief executive Deanne Stewart said. Aware Super had 1.26 million member accounts at the end of March. APRA statistics show that 63% of its members are females. A recent survey from Rest found two-thirds of Australian businesses expect Payday Super ... |
| | | | Beyond a governance issue, corruption is a major deterrence to capital flows, undermines long-term development and carries crippling social costs. Seasoned investors, though, are quick to challenge the notion that corruption and governance risks are ... |
| | | | Victorian Funds Management Corporation has promoted Georgina Bishop to head of property, effective October this year. Bishop will transition into the role from Pete King who leaves VFMC later this year. "Delighted and proud to be handing on the baton," ... |
| | | | ... ways Australians can stay on track to achieve their financial goals. To succeed in the years ahead, advisers will need to show the value they add beyond asset allocation. "More than ever, their ability to guide clients through volatility and keep them ... |
| | | | A new analysis from Vanguard Australia shows superannuation funds charging marginal fee increases can cost members $77,000 in retirement. Full-time workers paying an extra 0.5 percentage points in fees each year can cost $77,000 by the time they reach ... |
| | | | ... up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter. Newly released APRA statistics show MySuper's assets under management (AUM) reached $1.16 trillion, while Choice products had $1.48 trillion at the end of the ... |
| | | | ... this cohort was more preoccupied with their property investment compared to their super. More recent pulse surveys, however, show the tide is shifting. After 34 years of a compulsory pension system and with $4.5 trillion at stake, it has taken a generation ... |
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