Bragg calls for investor guardrails against big super

Senator Andrew Bragg has put forward reforms to protect Australia’s retail investors from the growing influence of superannuation funds, such as limiting their ownership in public companies.

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AFCA stats reinforce calls for improved IDR processes

The complaints authority has reported a 20 per cent rise in complaints about claim delays across financial products last year, including insurance in super, as politicians call on super funds to improve their practice.

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Rest’s default option delivers strong returns in 2023

The $75 billion fund has recorded a strong return of 9.5 per cent for its flagship Core Strategy investment option during 2023 although it notes considerable risks to markets in the year ahead.

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How far along is the Active/Vision Super merger?

The acting chief executive of Active Super, Donna Heffernan, has detailed the progress being made in the fund’s merger with Vision Super.

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How much did super return in 2023?

SuperRatings has revealed the estimated annual performance of balanced superannuation funds for 2023, welcoming the “strong return to form” after losses in the previous year.

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Happy New Year from Super Review

Super Review would like to wish all our readers a Happy New Year and looks forward to bringing you all the latest news in 2024.

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Industrial property a ‘key growth area’ for Rest

The superannuation fund is expanding its investment exposure to industrial property through a $1 billion partnership with Barings, a global investment manager.

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AvSuper updates member investment objectives

AvSuper has updated the investment objectives of two options in light of improved expected long-term returns and made changes to its advice provision to members.

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A busy 2023 for the super industry

Coming to the end of 2023, Super Review looks back on what marked a busy year for the industry, including a number of noteworthy consultations and legislation.

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Former director imprisoned for dishonest conduct

ASIC has sentenced former director Mudasir Mohammed Naseeruddin over four years imprisonment for ‘egregious conduct’ and dishonestly obtaining client funds from six investors’ SMSF accounts.

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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. ...

10 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

11 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 ...

11 months ago

Senator Andrew Bragg has doubled down on super funds regarding their contributions to unions and how they are handling regulatory fines, emphasising that they appear to b...

18 hours ago

The fund has announced the departure of a second senior executive in as many months, with its chief member officer to finish up mid-December....

1 day 13 hours ago

The CEO of Cbus has defended the fund’s relationship with the CFMEU....

1 day 17 hours ago