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| | | A new survey shows that young Australians who are educated about superannuation are up to six times more likely to be engaged and take actions that improve their retirement savings. The survey of more than 1500 people compiled by the Super Members Council ... |
| | | | ... long-term. Observing the trend, CFS said Australians are missing out on one of the most effective ways to build wealth - superannuation - but many were not viewing it as an investment. While over half (54%) consider their super to be an investment - ... |
| | | | First Guardian victims who have been forced to remain members of the super funds that wronged them are now able to transfer out. Since the collapse of the investment scheme, members of AusPrac Super and YourChoice Super were essentially forced to remain ... |
| | | | 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 ... |
| | | | Many of the top stories that dominated the year in executive appointments surrounded the superannuation sectors' C-suite. From chief executive departures, chief investment officer switch ups and, in one case, an entire operational due diligence ... |
| | | | ... necessary or warranted in the circumstances," it said. "However, Diversa recognises APRA's broader concerns about superannuation platforms and respects its role as prudential regulator. Accordingly, Diversa is committed to working with APRA to demonstrate ... |
| | | | AustralianSuper remains cautiously optimistic for global markets over the medium-term but is wary of short-term risks such as credit events and a change in AI sentiment which could derail activity. AustralianSuper head of macroeconomic research David ... |
| | | | ... the lead decision is based on a complaint involving the complainant being cold-called to establish a self-managed superannuation fund (SMSF). They were instructed to roll over their existing balance into the SMSF and invest most of it in Shield, as many ... |
| | | | ... authorised representative of MWL facing repercussions for recommending their clients to invest in the collapsed superannuation investment scheme, Shield Master Fund. While authorised by MWL, Van Coppenhagen provided "inappropriate" advice by recommending ... |
| | | | Hostplus leads the charge on sporting sponsorship deals as the superannuation sectors' budget for marketing and advertising also balloons, even as APRA cracks down on non-essential expenditure. According to newly released APRA data, Hostplus spent ... |
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