Fund members are lacking financial literacy regarding their superannuation nest egg, new research highlights, with a majority of Australians having never updated their super investment allocations.
TAL has launched a digital solution TAL Connect for its superannuation fund partners that links super and insurance for members, with Aware Super as its launch partner.
The group has welcomed $2.7 billion fund GuildSuper into the fold, growing its funds under management and advice to more than $13.4 billion.
The corporate regulator has commenced its first proceedings on internal dispute resolution requirements as it takes TelstraSuper to the Federal Court.
The $15 billion fund has told Super Review about the process and drivers behind launching its new retirement income strategy, saying a quality product does not necessarily need to be complex.
Louisa Sanghera highlighted the importance of a succession plan to Super Review after countless health battles spurred her to implement one, ahead of the Women in Finance Summit 2023.
AustralianSuper has indicated it will vote against a bid to acquire Origin Energy, having increased its stake to become the firm’s largest shareholder.
ASIC has warned super funds against overstating the degree of their active stewardship strategy even as new research finds their support for climate-related shareholder proposals is on the decline.
ASIC has stated delays in super complaints of up to two years are a priority issue for them after AFCA reported a 135 per cent rise in complaints about claim handling delays.
ASFA data has revealed how much balance a super member needs to achieve a comfortable retirement at age 67 and the estimated retirement gap with their current balances.