Super funds ramp up offshore equities, raising contagion concerns

Australia’s rapidly expanding superannuation sector is shifting its investment strategy, with fresh data revealing a significant increase in offshore equity allocations.

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AMP denies surveillance allegations as union raises concerns over new contracts

AMP has denied reports that its new employment contracts grant the company the ability to conduct continuous video surveillance on staff, including when they work from home.

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SQM places private credit on watch amid mounting risks

| By Keith Ford |

SQM Research has placed the private credit sector on watch amid growing concerns over governance and transparency issues, as well as recent regulatory scrutiny from ASIC and APRA.

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Super-funded advice fees get clarity in latest government reforms

The Albanese government has rolled out the next tranche of its advice reforms, setting rules for super-funded advice fees and allowing targeted prompts to boost member engagement.

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Funds merge to form $22bn entity

Mine Super and TWUSUPER have announced the successful completion of the final stage of their merger, officially forming the new entity, Team Super.

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Funds justify US summit attendance

Questioned about ROI calculations undertaken before attending the summit in the US, funds largely gave the same response – access to information about developments in the US is essential to acting in the best interests of members.

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Instos see record rotation out of US equities amid ‘bull crash’: BofA

Investors have slashed their US equity allocations to the lowest level on record, according to new data from Bank of America.

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Tariff fears drive small reversal in super returns in February

Following a strong January, volatility has crept back into sharemarkets on the back of weaker US economic data and policy uncertainty, according to Chant West.

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Rest in-house global equities team takes first step with $300m mandate

The $93 billion fund’s internal global equities team has made its first move on behalf of members, with plans to expand its allocation and expertise over time.

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APRA chair rebuffs claims of unfair scrutiny on super funds

APRA chair John Lonsdale has rejected suggestions that the regulator is unfairly targeting superannuation funds, insisting its governance crackdown is part of a broader push across the financial sector.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 8 months ago
Kevin Gorman

Super director remuneration ...

1 year 9 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 9 months ago

APRA has warned retail super trustees that financial adviser involvement in recommending platform products does not diminish their obligations, as regulators turned the s...

2 hours ago

The super fund announced that Gregory has been appointed to its executive leadership team, taking on the fresh role of chief advice officer. ...

3 hours ago

The deputy governor has warned that, as super funds’ overseas assets grow and liquidity risks rise, they will need to expand their FX hedge books to manage currency expos...

3 hours ago