New data indicates a continued upward trajectory in fund returns, notching a considerable 9 per cent since November.
The Reserve Bank of Australia has held rates in its March meeting, but for the first time in a while, economists rejoiced in a perceived “dovish” tone from the bank.
The central bank has announced its second interest rate decision since a major revamp.
Treasury is calling for submissions on its draft regulations in relation to the calculation of the proposed Division 296 tax.
There is a need for Australia’s superannuation funds to simplify their investment menus, according to the firm, given over a third of funds have more than 30 options, of which one or more are “arguably subscale”.
The research house is set to offer research ratings of superannuation funds for the first time amid growing demand from financial advisers.
Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.
Initially intended to offer a “simple, cost-effective” option for Aussies invested in default fund options, a super consultant has weighed in on what the scheme has actually done for members.
The $260 billion fund has unveiled a streamlined suite of choice investment options across superannuation and retirement products.
By 2028, Mercer predicts the emergence of approximately 12 mega funds, marking a significant shift in the industry's structure.