The latest issue of Financial Standard now available as an e-newspaper
|A new report has assessed the impact of COVID-19 on low-income earners in Australia, with findings illustrating harm caused by the early release of super program.|
|As part of a broader strategy to grow the fund, Local Government Super has adopted a new name and cut some of its fees.|
|The $5.6 billion industry fund has extended its existing contract with Link Group for further five years as fund administrator.|
|The government has introduced exposure draft legislation to reduce red tape for super funds when calculating the exempt current pension income (ECPI).|
|An $18 billion superannuation fund is increasing its administration fees and adding to its cash option menu from July 1.|
|The $61 billion Hostplus will combine with the $2.6 billion Intrust as it pursues its long-standing ambition of acquiring more members in Queensland, Financial Standard understands.|
|Members who raided their retirement savings as a result of the early release of superannuation scheme could have been $3100 better off than if they had kept their balance intact, new research reveals.|
|From October 5 super funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints.|
|The tripling in commitments to achieve net zero carbon emissions by both companies and investors cannot be believed blindly, according to experts.|
|The government's early release of superannuation program hurt superannuation as a category brand, according to Campaign Edge creative director Dee Madigan.|
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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