The Senate economics legislation committee has handed down its formal recommendation regarding the objective of superannuation in its final report.
A $1 billion development between Lendlease and Aware Super in the US has been thrust into the spotlight, with Unions NSW highlighting ‘serious concerns’ about labour standards on the project.
The fund has announced three executive-level appointments, including a new chief investment officer.
While the government consults on the design of the test, ART’s head of investment strategy has weighed in on concerns the test discourages investment in some sectors such as the net zero transformation.
Blake Briggs joins a long list of renowned speakers at the first-ever Australian Wealth Management Summit, including senator Jane Hume, AMP’s chief economist Dr Shane Oliver, and Future Fund deputy chief investment officer Alicia Gregory.
The prudential regulator has announced it will publish new expenditure data of superannuation funds, providing details on expenses like advice, director remuneration, and payments to unions.
BlackRock boss Larry Fink praised Australia’s superannuation system in his annual chairman’s letter.
Affirming the UK’s growing attractiveness as an investment destination, a number of Australia’s largest investors recently joined the UK Foreign Secretary for an exclusive briefing in Canberra to discuss further opportunities for trade and growth.
The super fund has tapped a former Vanguard and Plato Investment Management executive to lead its fixed interest team.
The specialist superannuation law advisory practice is set to wind up, with managing partner Jonathan Steffanoni planning to bring a new offering to market.