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| | | ... can have nearly $2500 more in her super by 18, which could grow into $11,000 more by retirement with investment returns. Rest, the industry super fund for retail industry workers, is also calling for urgent progress on reforms to financial advice and ... |
| | | | APRA is imposing additional licence conditions on HESTA, finding it was inadequately prepared to effectively oversee and manage its recent administrator change. Earlier this year, HESTA switched administration providers, transitioning from MUFG to GROW ... |
| | | | ASIC is taking further action against Spice Capital Partners and its founder Colin Oxlade for providing unlicensed financial services and financial product advice that ultimately raised nearly $2 million from investors. ASIC alleges that Oxlade, who ... |
| | | | ... continue to build a unified national society," said CFA Society Australia chair Michael Clancy, who is now investment chief at Rest Super. Clancy thanked Graham for his service. "His contribution was significant, and we appreciate his commitment and ... |
| | | | REI Super has promoted one of its longest-serving investment executives to the newly created role of chief investment officer, following a sweeping overhaul of the fund's investment portfolio. Angelos Siapkas has been named chief investment officer ... |
| | | | Following a successful pilot program, Rest will launch a new clearing house solution to help businesses meet their upcoming Payday Super obligations from 1 July 2026. The super fund said the Rest Pay solution is purpose-built for Payday Super and aims ... |
| | | | ASIC said that a husband and wife who misappropriated investor funds from their property development scheme operating under ALAMMC Group are guilty of contempt for allegedly, among other things, transferring more than $500,000 from their frozen accounts. ... |
| | | | In the book The Lucky Country, the late author Donald Horne provides a piercing assessment of Australia in 1964, stating that its prosperity is derived from good fortune rather than industriousness or ambition. He ruminated about the future challenges ... |
| | | | AustralianSuper has nixed several executive roles in its private markets team as it shifts towards external managers. The cuts are focused on the fund's mid risk business, which invests in infrastructure, property and private credit. Jessica Melville's ... |
| | | | Despite holding a pool of more than $4.3 trillion in retirement savings, cracks are appearing in the superannuation system around engagement and support for vulnerable members, experts said. UNSW Business School associate professor Katja Hanewald observed ... |
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