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| | | In 2019, then APRA chair Wayne Byres had a blunt message for superannuation funds: "Are you going to get better, or are you going to get out?" The question marked the decisive shift in the regulator's tone, making its agenda explicit: super funds ... |
| | | | ... 26 before settling down to 2.2% by end 2026. With growth above capacity and a resilient consumer, we expect inflation to show signs of persistence. "As a result, we now expect the RBA will hike the cash rate by 25bp in February to ensure inflation is ... |
| | | | From cyber breaches to mergers and increased regulatory action, there has been a raft of news surrounding the superannuation sector this year. Minimum standard services for super funds welcomed Treasurer Jim Chalmers and former Assistant Treasurer Stephen ... |
| | | | ... from 0.57% p.a. Formerly AMIST Super, Australian Food Super had $3.5 billion in assets at the end of September, APRA reports show, managing the savings of 67,360 members. In October, Australian Food Super appointed Richard Dinham as chief investment ... |
| | | | There was no shortage of news impacting the financial advice community this year, with advisers bearing the brunt of negative sentiment in the wake of First Guardian and Shield collapses. But there were some bright spots throughout the year, including ... |
| | | | ... understand or evaluate the investment risk" in either class of the product before adding them as investment options. Documents show Netwealth relied on reports from SQM Research and, while there were indications the options may not be suitable, added ... |
| | | | The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ... |
| | | | AustralianSuper's top brass are the highest paid in the superannuation sector, earning nearly $9.2 million, which is double the amount that some of their peers earn. Newly released APRA data covering the 2025 financial year showed that industry ... |
| | | | ... previous levels due to limited financial strength to invest and a lack of robustness on their balance sheets. Roughly 30% show weak performance indicators, with half of those already in distress. Put together, nearly 45% are either distressed or at risk ... |
| | | | PME Pensioenfonds, a Dutch pension fund with $105 billion in assets, has terminated an $8.9 billion equity mandate with BlackRock due to the manager's misalignment with the fund's environmental, social and governance framework. According to a release ... |
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