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| | FRIDAY, 18 JUN 2021 12:27PMVerve Super has launched a gender diversity index and will subsequently change how it allocates members' funds based on how Australian companies perform against the index.|
|Industry bodies have varied responses to the passing of the Your Future, Your Super reforms with some saying it will lead to worse outcomes for members.|
|The Association of Superannuation Funds of Australia (ASFA) showed businesses can afford to pay the increase of the Superannuation Guarantee without cutting the wages of employees.|
|The Your Future, Your Super reforms were passed in the Senate today.|
|The Treasury Laws Amendment (More Flexible Superannuation) Bill was debated in the Senate today, with an amendment suggested by Senator Pauline Hanson.|
|The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels.|
|According to HESTA, diversity at its external managers shows women's representation improved in the last two years but remains a long way from parity.|
|A new carbon risk management startup backed by Aware Super, Energy Super and Future Super has launched with former AMP chair Catherine Brenner on the board.|
|Colonial First State and UniSuper are the superannuation of choice for consumers, taking home the highest satisfaction ratings in Roy Morgan's annual awards.|
|Aware Super has appointed an index solutions provider to take care of its passive equity and fixed income mandates.|
Franklin Templeton Investments is winding up its retail Australian Equity Fund, as asset growth lags.
Financial advisers' appetite for exchange-traded funds has more than doubled since the global pandemic hit as new trading data shows that index funds are providing better means of diversification.
The Association of Financial Advisers has slammed the Labor Party's attack on financial advisers, which paints the profession as dodgy and continues to rip-off consumers.
The industry superannuation fund has hired from Australian Catholic Superannuation and Retirement Fund as it continues its hiring spree for the internal investment team.
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