ART slapped with infringement notice over alleged misleading data

ART has paid just under $20,000 to comply with an infringement notice issued by ASIC over allegedly misleading performance data published on its website.

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Inflation edges up, casting doubt on rate cut timing

Annual trimmed mean inflation saw a slight spike in April, according to data from the ABS.

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Super funds suffer $20.9bn quarterly decline: APRA

Superannuation assets have fallen in the March quarter primarily due to negative investment returns amid sharemarket volatility.

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QSuper settles class action

QSuper has agreed to an in-principle settlement of nearly $70 million over claims it failed to notify members of life insurance premium changes.

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ASIC doubles down on death benefit delays in stern warning to super trustees

ASIC is not done with death benefits, commissioner Simone Constant warned trustees this week, stressing that the corporate regulator remains focused on driving a step change in how member services are delivered.

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AusSuper leans on private assets to steady investment course

For AustralianSuper, private assets are a steady, grounding component of its investment strategy, one helping the fund mitigate risk and smooth returns, especially when public markets are volatile.

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Market turbulence setting the stage for active management’s resurgence

Active managers say that today’s market volatility and dislocation are creating a fertile ground for selective stock picking, reinforcing their case against so-called “closet indexers”.

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Class action alleging AMP prioritised profits over members kicks off

A major class action against AMP will commence in the Federal Court today (27 May), with more than 2 million super members alleging the firm’s trustees overcharged fees over a 12-year period.

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Super funds call for indexing $3m tax to protect policy integrity

Support for the $3 million super tax is strong across the industry, but with the possible July 2025 start date nearing, focus is turning to a key flaw – the lack of indexation.

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Instos maintain private credit allocation despite size limitations

Research shows institutional investors are increasingly turning to private credit, but the APAC region’s relatively small market size remains a key constraint.

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