AustralianSuper, ART, CareSuper, Cbus, HESTA, Hostplus, Rest Super, UniSuper and IFM Investors are backing the development of a sustainable aviation fuel industry in Australia. But given a number of serious headwinds, they may experience a turbulent glidepath.
Super funds are big fish in Australia’s relatively small public markets. As they grow even bigger, they’re increasingly looking overseas and to private assets, but taking a cautious approach to what they invest in, often driven by the fundamental characteristics of their membership.
Life insurer TAL has launched its SpotChecker program for the eighth consecutive year in 2023, encouraging more Australians to embrace skin safety.
A pair of white labelled managed account suites managed by researcher Evergreen have been available on BT Panorama for two separate advice practices.
The median balanced option in super funds is expected to return 3.1 per cent in November, thanks to expectations of peak inflation, according to research house SuperRatings.
MLC Life Insurance has appointed Ian Fletcher as general manager of remediation programs.
Real estate asset manager Dexus has appointed Ross Du Vernet as CEO and executive director, effective from March 2024.
The Australian super system has done a marvellous job of accumulation that not many countries can rival, according to John Greaves from the £34 billion (A$65 billion) UK multi-client fund Railpen. However, the YFYS test is hardly an enviable component of the system for international peers.
Minister for Financial Services Stephen Jones’ two-year campaign to find some solution for the millions of Australians priced out of financial advice has been far from perfect, and his bold plan for a two-tiered model demands scrutiny. But wrestling daily with one of the nation’s most complex legal problems, while balancing the interests of a slew of lobbyists within public and internal party critics, is no mean feat.
The Financial Services and Credit Panel has published its first banning order against an adviser, on the grounds they are insolvent under administration.
APRA has imposed additional licence conditions on NGS Super over its lack of cyber controls.
The Compensation Scheme of Last Resort transitional board has appointed David Berry as inaugural CEO and Delia Rickard as a non-executive director, ahead of the scheme’s scheduled commencement in April 2024.
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Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.
We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of the Eora Nation. We recognise their continuing connection and unique cultural and spiritual relationships to the land, waters and community. We pay our deepest respects to them and their culture, and to Elders both past and present.
