The latest issue of Financial Standard now available as an e-newspaper
|ASIC issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds.|
|The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.|
|Minister for financial services Jane Hume said that the superannuation system in Australia has frayed edges in need of repairs, during a speech at the World Pension Summit 2021.|
|As part of a consortium, AustralianSuper will acquire a 14-hectare redevelopment site from Qantas Airways worth $802 million.|
|TWUSUPER has decided to not proceed with its planned merger with EISS Super, saying it will pursue other options.|
|GROW Inc has partnered with cloud security and cybersecurity firms to improve the protections arounds its superannuation business.|
|After a period of media scrutiny following its failure of the inaugural APRA performance test, EISS Super has faced a parliamentary committee, facing tough questions over the test result and its sponsorship deals.|
|REI Super is overhauling the way it charges both administration and investment fees, with most members expected to pay less from October 28.|
|The share of funds under management held in lifecycle MySuper options has almost doubled in the last eight years as single strategy products drop off, but member balances at age 65 still don't quite stack up.|
|Superannuation funds are extending their opaque disclosure practices to their environment, social and governance commitments.|
The September financial adviser exam pass rate was stable at 60% but continues to fall below the overall pass rate of 88.5%.
The House of Representatives Standing Committee on Tax and Revenue has released a report aimed at overhauling Australia's corporate bond market.
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion.
Share trading platform Superhero will take the $40 million it has raised this year to expand into New Zealand by mid-2022.
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