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| | | APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies. APRA deputy chair Margaret Cole, speaking at the Innovation in Retirement conference in Sydney, said the APRA-ASIC ... |
| | | | ... isolated, the broader systemic risk lies in the scale of potential exploitation. Given the long-term and high-value nature of super savings, even a single control failure can have wide-reaching consequences." The superannuation sector was also called ... |
| | | | Australian super funds are expected to more than double their investments in the UK and Europe over the next decade, reaching around $660 billion. A report commissioned by IFM Investors and Super Members Council, and produced by Mandala Partners, noted ... |
| | | | ... stepping down as chief executive of ART in September, with Kathy Vincent taking on the top job on October 1. The $330 billion super fund said Anderson made a personal decision to return to Sydney, just 18 months after joining. "At ART, we recognise the ... |
| | | | The ASX said it would implement recommendations from an independent panel review on the process for developing corporate governance principles and recommendations. In June, ASX informed members of the Corporate Governance Council that it had established ... |
| | | | Two former Statewide Super executives who were terminated by the fund and then charged with dishonesty offences have been acquitted. In January 2020, Statewide Super terminated its chief risk officer Kieran Netting and chief financial and operating ... |
| | | | ... The appointment follows the departure of Josh Phillips a few months ago. Phillips, formerly a small cap analyst at Aware Super, joined as co-portfolio manager in the small companies division. In June he left and subsequently took a role as an asset consultant ... |
| | | | ... Jordan has over 20 years of experience in investment operations, governance, and risk. Before her nearly six years at Rest Super, one of Australia's largest super funds, she worked at JANA Investment Advisors, NAB Asset Management and UBS. Sirois ... |
| | | | ... Aussies applying for early release of their superannuation for dental treatments. About $1.37 billion was released from the super system on compassionate grounds for medical reasons, including treatment and transport, in FY25. Of this, a whopping $817.6 ... |
| | | | The $7.4 billion industry super fund has consolidated its accumulation products into one as part of a multi-year simplification strategy. BUSSQ has historically had two accumulation phase products for members in BUSSQ MySuper and Premium Choice. The ... |
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