industry super australia


Not sulking but thriving

The superannuation arms of two major banks issued statements on Friday that said members of APRA regulated funds would be better off having independent chairs for their boards and one third of trustees as independents. Their applause for Josh Frydenburg’s move to change the governance model of super comes at a time when banks are […]

BT fined over misleading super claims

BT Funds Management has paid a $20,400 fine to ASIC after it published two misleading claims for BT Super online. In one publication that was live from June 26 to September 18 2014, it claimed BT Super had outperformed industry super funds over five years. ASIC said it was concerned the public would perceive that […]