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|Qantas Super has altered asset allocations across all its investment options in response to COVID-19, market volatility and a high number of members switching options.|
|A new report ranking US public pension funds by their ability to pay future benefits suggests several will likely go insolvent as a result of COVID-19.|
|Having now paid out more than $1 billion to members, Rest is calling on the government to implement stable super policy settings, warning uncertainty constrains funds' ability to invest for the long-term.|
|A $43 billion superannuation fund has awarded a concentrated global equities mandate to Neuberger Berman.|
|QSuper will take the management of its social responsible investment option in house and has changed the definition of pandemic illness.|
|The Australian Taxation Office is allowing New Zealanders with KiwiSaver accounts to access the Early Release of Superannuation scheme through a loophole.|
|New research predicts industry funds are no longer set to dominate the superannuation industry, as COVID-19 changes the race to the top.|
|APRA has released the newest ERS statistics for the week ending May 10, revealing funds have slipped in meeting the five-day deadline.|
|Superannuation funds are set to permanently avoid negative tax outcomes upon merging, after an amendment bill sailed through parliament yesterday.|
|Industry Super Australia chief executive Bernie Dean was caught unaware of a $1600 donation made to the Labor party last year after claiming the lobby group does not make political donations.|
Sargon Capital's liquidators are looking for extra funding to dig deeper into the company's transactions, potential claims and the possibility of a dividend payment to creditors.
iShares today listed two exchange traded funds on the ASX that invest in Australian corporate bonds.
A survey of 110 pension funds, endowments, foundations, sovereign wealth funds and insurance companies worldwide has revealed the new priority position ESG is taking in asset allocation.
Investec has established a postgraduate research scholarship with the University of Sydney Business School; in a move that it says will benefit the future finance workforce in Australia.
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