Complaints decline, but member services an ‘enforcement priority’ for ASIC
Complaints about super fund service are trending downwards but consumer advocates fear that misconduct might rise if regulators turn their attention away from the sector. APRA and ASIC want funds to know that’s not going to happen.
Insignia sees more M&A opportunities with $3.3b CC Capital deal
CC Capital will pay $4.80 per share to acquire all of Insignia Financial, ending a bidding war that emerged just over half a year ago. In his first public comments about the acquisition since the first bid was announced last December, CEO Scott Hartley tells Investment Magazine that private ownership will make executing their corporate restructure and vision a simpler process.
Mulino makes first policy move with push for green investment labels
The Labor government is pressing ahead with plans to introduce standardised sustainability labels for investment products in superannuation and managed funds in a bid to support consumer decisions and curb potential greenwashing. The public consultation marks Daniel Mulino’s first policy move as the financial services minister despite the industry’s hope that DBFO reform would take precedence.
How super funds keep an eye on the long term – and on risk
Strong investment performance for the year ended 30 June 2025 is in keeping with three decades of performance by super funds during which negative 12-month returns have happened only five times. But the factors that drive short-term performance are not the same as those that drive long-term returns, and chief investment officers tell Investment Magazine it’s important to remember the difference.
‘Hidden vulnerabilities’ drive sovereign wealth funds back to active
Sovereign wealth funds are rushing back to active equity management as they try to negate the risks arising from index concentration, geopolitical fragmentation and macro and political volatility.
SCA calls for total review of insurance in super after ART claim backflip
Super Consumers Australia has called on the federal government to fully review the implementation of insurance in super after Australian Retirement Trust only agreed to pay a member’s mental health claim when the consumer advocacy body took an interest in the case. The call comes ahead of CEO Xavier O’Halloran’s appearance at the Investment Magazine Insurance In Super Summit next week.
MLC steps up to the retirement income plate
MLC Super is launching a new retirement income product through its advised channel before it’s made available to master trust members in a sign of the growing importance of advisers to both retirement and member retention.
Three big ideas for super funds as members near retirement
Funds have focused on – and been highly successful at – helping members maximise accumulation balances, but new research underlines just what a major mindset shift is required to fully understand the priorities and needs of members as they retire. New research by CoreData and Conexus Financial sets out three big issues funds must focus on.
Engaging members early so they can retire with confidence
It used to be that when a super fund member retired, they were largely left to fend for themselves. But today, funds are developing strategies to engage with members well before that moment arrives, to simplify the choices and decisions members need to make and to smooth the transition from working life.
Solving the ‘annuity puzzle’ requires a human-centric rethink. Here’s how
Retirement longevity solutions are elegant, sophisticated and do what they say on the tin, but widespread adoption remains elusive. The answer may be to focus on how people actually think about retirement security rather than how the industry thinks they should think about it, to help bridge the gap between effective financial solutions and genuine human needs.
Mandatory super service standards back on agenda as industry funds lag
New research from Investment Magazine publisher Conexus Financial and CoreData has found widespread lack of progress on improving member experience and retirement preparedness levels in the profit-to-member super industry despite persistent warnings from regulators. The revelation comes as the peak body for industry funds calls for mandatory service standards to be fast-tracked.
