| | WEDNESDAY, 13 NOV 2019 12:39PMAssociation of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today.|
|The $54 billion industry superannuation fund is dipping its toes into the world of corporate super, launching a new offering this week.|
|Superannuation funds considering a merger or major investment portfolio changes should implement a program to manage tax costs and transaction costs to deliver meaningful benefits to funds and their members, according to new research.|
|Superannuation funds now have close to $240 billion in unlisted assets, but retail funds have a smaller proportion of their assets allocated to them than five years ago.|
|Rest, the $57 billion industry fund, continues to battle a legal fight brought by one of its members that could have consequences for the entire superannuation industry.|
|APRA is embarking on a multi-year project to improve the quality of its superannuation data collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny.|
|A group of actuaries have answered the calls of retirees looking for a simpler way to determine how much money they should draw out of their savings in retirement, developing a new three-part rule of thumb.|
|A global fixed income manager has secured a $500 million mandate from a major industry superannuation fund with around two million members.|
|Vanguard's Robin Bowerman says the investment giant's planned superannuation offering will have a place for financial advisers and won't be a strictly direct-to-investor offering.|
|A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise.|
The chief executive of NewCo is set to exit among other changes to CBA's group executive lineup.
A boutique founded by former Kapstream portfolio manager is gearing up to list three strategies as ETFs on Chi-X.
Association of Superannuation Funds of Australia chief executive Martin Fahy has hit out against vocal critics of the super system on the opening morning of the 2019 ASFA Conference in Melbourne today.
The managing director of an AMP-aligned dealer group is exiting the business to take on a new role.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|