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Super funds need to ‘step up’ on advice: Jones
Minister for Financial Services, Stephen Jones, has doubled down on his plans for super funds to provide advice, saying they need to ‘step up’ when it comes to advice for members.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
FSC calls for modernisation in super development
Removing barriers for superannuation funds to transition to modern investment products would result in members retiring with cumulatively $16 billion more by 2050, according to an FSC report.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Cost of retirement climbs as super struggles to keep up
The amount needed to set aside for a comfortable retirement continues to grow, as Finder indicates the figure is approximately double what Australian retirees will actually have.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
Negative performance weighs on Q3 super AUM
Total superannuation assets saw a marginal decline of 0.1 per cent over the September quarter thanks to negative markets, but MySuper assets saw a double-digit rise, APRA’s quarterly data shows.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
ASIC to further target superannuation in 2024 priorities
ASIC has announced its enforcement priorities for 2024, which include two new points relating to the superannuation industry.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
Newly-merged AIST and ISA body appoints CEO
The Super Members Council of Australia, the newly formed organisation of the AIST and ISA, has appointed its first chief executive.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Super complaint delays still a concern for Jones
Superannuation complaints to the Australian Financial Complaints Authority about delays in claim handling have persisted into the financial year 2024, as Stephen Jones continues to express his concerns on the matter.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a cadet journalist at Money Management and Super Review. Prior to joining MM and SR, she also worked across other Momentum Media brands as an intern. Jasmine previously completed an internship at Mamamia news. She is currently studying a Bachelor of Media and Communications at Macquarie University.
ART completes CBA Group Super merger
Australian Retirement Trust has completed its merger with the $12.3 billion Commonwealth Bank Group Super.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Rest appoints public policy head from HESTA
Rest has appointed Enrico Burgio from HESTA as head of public policy to support policy and regulatory outcomes in the best interests of the fund’s members.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
How much could super funds return in 2023?
With the calendar year end fast approaching, research house Chant West has shared how much it is expecting the median growth super fund to return for the 12-month period.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
