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|One of Australia's largest super funds, $60 billion industry fund HESTA, has selected a software-as-a-service platform to manage its finance operations.|
|Fifty-six superannuation products dropped their fees in the March quarter, according to Rainmaker Information's analysis of 475 product disclosure statements.|
|After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes.|
|IFM Investors has been named in a class action regarding the Colonial Pipeline, which the industry fund investment house acquired in 2007 as part of a consortium.|
|State Super has mandated two managers, as it allocates to Australian investment grade corporate credit and global investment grade structured credit.|
|The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings.|
|APRA executive director, superannuation division Suzanne Smith has warned superannuation funds that the regulator is looking out for toxic corporate culture and instances of misconduct.|
|Link Group has a new technology partnership aimed at streamlining financial advice for superannuation fund members.|
|Superannuation assets hit a record high of $3.127 trillion at the end of the March 2021, new APRA figures show.|
|Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows.|
Dimensional's sustainability suite is being expanded with the introduction of a new emerging markets fund with an ESG filter.
Pendal chief executive Nick Good says the firm is not ruling out future acquisitions, as it finalises its $414 million purchase of US value-oriented manager Thompson, Siegel and Walmsley.
The Victoria government's LaunchVic is looking for a fund manager to run a $120million startup fund.
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation.
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