The latest issue of Financial Standard now available as an e-newspaper
|The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed.|
|New research from Melbourne Business School Orford Initiative has found there is more demand for annuity products than the industry or government previously believed.|
|The Australian Taxation Office said it will determine if a person has made a duplicate application, telling funds to follow its determination.|
|Another superannuation fund has slashed the value of its unlisted assets, with airports and commercial property taking a hit.|
|AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million.|
|March provided evidence that superannuation funds won't be able to guild returns through investments in gold, according to Parametric.|
|The $12 billion superannuation fund has revised down the value of its property and infrastructure in response to COVID-19, joining AustralianSuper, UniSuper and Hostplus.|
|Treasurer Josh Frydenberg has confirmed $3.8 billion in withdrawals from super was approved by the ATO over the course of three days.|
|The federal government on Wednesday took advantage of the low oil prices to establish Australia's first sovereign energy reserve, and superannuation funds can help, according to an expert.|
|When the COVID-19 crash hit markets, super funds copped a massive blow, but why they were all invested in such a similar way is an issue that still needs addressing.|
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.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|