The $83.5 billion construction industry super fund Cbus will be managing more assets internally but has ruled out setting up offshore investment teams due to the risks involved.
AustralianSuper has apologised to around 100,000 members after a review of its processes found a combined $70 million worth of incorrect charges. Super Consumers Australia has called on all super funds to transparently review its processes to confirm members are not paying any similar charges.
Cbus Super has merged with EISS Super on Monday, following extensive due diligence and planning, welcoming 17,000 new members.
BlackRock Australia has appointed Jonathan Jenkins as head of client business in Victoria, Tasmania, South Australia, and Western Australia.
MLC Life Insurance has appointed Craig Dainton as general manager of customer and adviser operations.
GSFM has partnered with Australian Entertainment Partners to launch the AEP Screen Fund, which will invest in film and television projects made in Australia.
Financial advice firm Invest Blue has partnered with software company Lumiant to build a cloud-based digital advice platform that aims to boost client engagement, satisfaction, and well-being.
There has never been more public scrutiny on super funds to improve key member experience metrics such as retirement products, investment options and advice. HostPlus member experience lead Paul Watson discusses how the fund is responding to this challenge.
Legacy arrangements from LGIAsuper and Energy Super impacting the ability to charge advice fees to Brighter Super members will change next month. It’s all part of an advice-led transformation process that coincides with completion of the acquisition of Suncorp’s SPSL Master Trust.
ASIC has commenced civil proceedings in the Federal Court alleging three types of insurance policies issued by HCF Life Insurance Company contain unfair contract terms and could mislead the public.
Our food system needs to be more productive and sustainable with increased demand, changing diets and an outdated production system. According to PGIM thematic research group director Jakob Wilhelmus, there are two main challenges in the food chain right now – our current food system is outdated and secondly the devastating impact on the environment … Read more
Our food system needs to be more productive and sustainable with increased demand, changing diets and an outdated production system. According to PGIM thematic research group director Jakob Wilhelmus, there are two main challenges in the food chain right now – our current food system is outdated and secondly the devastating impact on the environment … Read more
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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.
