Regulators to conduct joint review of super funds’ retirement income strategies

Australia’s banking and company regulators will be working together to review the retirement income strategies of superannuation funds to support the implementation of the retirement income covenant that came into effect on July 1.

Pandemic super fund release scheme hits close to 1m Australians: ASFA report

Almost a million Australians had their super fund accounts closed or almost cleaned out as a result of the Morrison government’s early release of super fund programs at the height of the Covid-19 pandemic in 2020, according to a new report by the Association of Super Funds of Australia.

Emerging markets offer value, long-term opportunity

Investing in the emerging markets has been rocked by geopolitical events and the ongoing effects of the Covid-19 pandemic. However, these fast-growing markets offer growth opportunities in the medium- to long-term and value in the short-term.

Small is beautiful: Fund size is no indicator of performance

Outgoing APRA boss Wayne Byres has a penchant for bigger superannuation funds but the reality is when performance is measured, big is not necessarily better. In fact, being small often helps writes John Durie.

Inflation volatility to drag on as world decouples into rival camps

With no end in sight for the war in Ukraine, inflation volatility is likely to drag on for some time, according to a senior geopolitical strategist, in a wide-ranging discussion on geopolitical trends impacting global markets.

Government to review impact of stapling on insurance: Stephen Jones

The government will be reviewing the impact of stapling on insurance as part of the Your Future Your Super review said minister for financial services Stephen Jones though he ruled out scrapping it.

Funds’ retirement income strategies show wide disparity

A review of some funds’ retirement income strategy shows a wide disparity with one unifying feature being the required summary statements were often difficult for a novice to find, writes John Durie.

CareSuper CEO reflects on 20 years in top job

Julie Lander, CEO of CareSuper and 2022 FEAL Fund Executive of the Year winner reflects on a long career in the superannuation industry, which has grown to a behemoth $3.4 trillion of assets under management amid significant regulatory and economic change.