Objective of super bill introduced into parliament
The government has introduced a bill to legislate the objective of superannuation to parliament on Thursday.
Rest appoints head of public policy
Industry fund Rest has appointed Enrico Burgio as head of public policy, as part of its focus on supporting policy and regulatory outcomes in the best interests of its growing membership, according to an update from the fund.
MetLife partners with Australian Wildlife Conservancy
MetLife Australia has signed a three-year deal with global conservation leader Australian Wildlife Conservancy (AWC) on a partnership to conserve Australian native animal species and the habitats in which they live.
AMP to launch digital bank for small business
AMP will be launching a digital bank offer designed for small businesses and sole traders in Q1 of 2025.
Asset owners head back to the forest amid natural capital boom
For some institutional investors, agribusiness and forestry assets bring back memories of the global financial crisis. But looking at it today, the potential diversification and monetisation benefits, alongside widespread net zero commitments, merits another look at the developing asset class of “natural capital”.
Court approves $110m AMP royal commission class action
The Supreme Court of New South Wales has approved the settlement for the shareholder class action brought against AMP after the Hayne royal commission in 2018 for $110 million, according to an update from class action law firm Maurice Blackburn.
HUB24 launches Discover offer
HUB24 has launched an offer called Discover to complement its existing Core and Choice offers.
Not enough Sustainable Development Goals are being kicked
Borrowing a line from music artist Ben Lee, Australia’s industry super funds have long been telling us that “we’re all in this together”, which is why we should all be very concerned that, at the half-way point towards 2030, the 17 UN Sustainable Development Goals (SDGs) are all off track.
‘AusSuper owns this fight’: Perpetual backs mega-fund’s conviction on Origin Energy
Perpetual’s head of Australian equities, Vince Pezzullo, has publicly defended AustralianSuper’s defiance of Origin’s takeover bid, describing some comments by the bidding consortium as “disgraceful”. Pezzullo, HESTA’s Jeff Brunton and ACSI’s Ed John agreed there are merits to conducting transparent and public active ownership campaigns, but more often than not, it pays to engage in private.
FAAA launches Career Centre for advice profession
The Financial Advice Association has launched its Career Centre, an online resource for employees, job seekers, and career changers in the financial advice profession.
AFCA appoints two industry directors
The Australian Financial Complaints Authority has appointed Raylene Bellottie and Yien Hong to its board as industry directors, replacing Claire Mackay and Andrew Fairley.
