Super fund chair’s supervisory role vital
The broad expertise within trustee boards is never more critical at this challenging time for super funds given their fiduciary duty to act in members’ best interest.
Hostplus’s Elia tops highest paid CEOs
The chief executives of some of Australia’s largest super funds enjoyed healthy remuneration packages in the year ending June 2022 as they steered their organisations in an increasingly complex post-pandemic world.
Hostplus reduces fees on member choice investment option
Hostplus reduced its fees for Choiceplus, lowering platform administration, brokerage and transaction account fees.
Spark Financial Group launches digital investing solution
Spark Financial Group has launched a white label digital investing solution called Spark Invest, developed in conjunction with investment platform OpenInvest.
Fidelity launches metaverse experience
Fidelity International has launched a metaverse experience called Fidelity International Campus that aims to encourage financial literacy and educate users on the importance of financial planning, money management and investing.
Fortnum appoints practice engagement and growth manager
Fortnum Private Wealth has appointed former senior Insignia Financial advice delivery consultant Samantha Sun as practice engagement and growth manager for Victoria, South Australia, and Tasmania.
Governance leader appointed to NZ Super guardians board
Governance leader Fiona Oliver has been appointed to the board of the Guardians of New Zealand Superannuation.
Govt announces YFYS test changes
The Government has announced several proposed changes for the Your Future, Your Super performance test, which it will consult on.
MLC appoints two executives to retail distribution team
MLC Life Insurance has appointed Jarrad Wilson and Rob Dassie as head of distribution for the northern region and southern region, respectively.
FPSB updates global financial planning standards
The Financial Planning Standards Board (FPSB) has released updated global financial planning standards.
Do superannuation fund members benefit from large fund size?
It is time to abandon ‘the size is good’ mantra that is helping drive a wave of merger activity among super funds in Australia. Focus should turn towards whether large and growing funds have effective operating models to succeed at scale.
Infocus launches new functionality
Infocus has launched the ‘Magic Button’ functionality which will integrate the licensees advice management system PlatformplusAMS and platform PlatformplusWRAP.
