The latest issue of Financial Standard now available as an e-newspaper
| | TUESDAY, 21 SEP 2021 12:24PMTomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.|
|Members of AMP's super products will see savings across both administration and investment fees from October, with some set to make significant savings.|
|Employers and the government are failing parents, costing mothers $1.6 billion in superannuation, according to new research from Industry Super Australia.|
|Hostplus was grilled about its relationship with IFM Investors at a parliamentary hearing that sought to uncover any evidence of collusion and anti-competitiveness.|
|The $233 billion superannuation fund's stake in WestConnex rose to 20.5% after the consortium it's a part of took full ownership of the motorway.|
|The $215 billion industry fund's outgoing chief executive Ian Silk is adamant the fund will never engage actively in common ownership, while also hinting at plans to bring more investing in-house.|
|Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.|
|The former chief executive of EISS Super has spoken out about his decision to depart the fund in the wake of media scrutiny and the fund's failure of the APRA performance test.|
|The industry fund says it analysed its $53 billion Australian equities portfolio and found no instances of common ownership.|
|Australia has failed to crack the top five for retirement wellbeing outcomes once again, according to the Natixis Global Retirement Index.|
Tomorrow Super is readying itself for a $5 million pre-IPO funding round, with the promise of a financial adviser friendly superannuation solution.
Investment consultant firms from across the world with US$10 trillion in assets under advice have joined together to launch a global net zero initiative.
Senator Jane Hume is warning consumers who fall victim to bad advice from finfluencers not to rely on the government for compensation.
In its submission to the inquiry into common ownership, BlackRock point out the theory behind the inquiry is "based on fundamental misconceptions", adding that any possible reforms based on ideas still under debate would be premature.
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