The latest issue of Financial Standard now available as an e-newspaper
|Super Consumers Australia has slammed super funds' member outcomes assessments (MOAs), finding several funds claiming to be acting in members' best interests even when fees are high and performance is lacklustre.|
|Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...|
|Industry Super Australia has announced Maritime Super has ended its association with the industry lobby group.|
|Retail superannuation funds from AMP, Australian Ethical and Russell Investments will be among the biggest beneficiaries of the last-minute change to administration fee treatment in YFYS performance tests, says Industry Super Australia.|
|After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund.|
|Australia's total superannuation assets ended June 2021 with $3.3 trillion, 14.7% higher than a year ago.|
|Only 14% of older Australians have prepared for their aged care costs, according to a joint survey from Challenger and National Seniors Australia.|
|According to the latest figures from the Association of Superannuation Funds of Australia (ASFA) the cost of retiring increased in the June quarter.|
|New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds.|
|A $10 billion industry superannuation fund dropped administration and investment fees for its 86,000 members.|
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MFS Investment Management is searching for a new head of retail sales for its local business, as the incumbent heads to London for a new role.
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A former Regal Funds Management portfolio manager has been banned for five years after he manipulated the share price of Clearview Wealth.
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With more research identifying the pressure put on employees by the pandemic and lockdowns, wealth technology firm Class is offering employees extra days off.
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Prudential regulator APRA plans to go ahead with mandating independent certifications within group insurance as recommended by the financial services Royal Commission.
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