POWERED BY MOMENTUM MEDIA
What do super fund CEOs think of the RIC?
A roundtable of super fund chief executives has shared their views on the Retirement Income Covenant and its progress with the prudential regulator.
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’s fears of inflation impact on performance
Rest is concerned that persistently high inflation and political turmoil will cloud the investment performance of its super options.
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.
The ‘immense pressure’ on employers from payday super
The move to payday super will be a bigger shift than to SuperStream, according to Australian Retirement Trust, and employers will have to ensure their systems are smooth as they move to the potential of paying super 52 times a year.
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.
Former BT executive to lead super strategy at AMP
Melinda Howes, a super industry veteran, will rejoin AMP as a group executive to lead its super and investments business, completing the firm’s group executive team.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
AFCA reports 135% rise in complaints handling grievances
There was a 135 per cent rise in complaints to AFCA about delays in complaints handling by superannuation funds in the financial year 2022–23, according to the AFCA annual 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.
Superannuation flows help Australian Ethical buck investment losses
Helped by the increase in Superannuation Guarantee contributions, Australian Ethical has seen positive inflows of $114 million but suffered $124 million in investment losses.
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.
Insignia’s Mota to depart after 20 years
Insignia Financial chief executive, Renato Mota, has announced he will step down from the company after 20 years in February 2024.
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.
Cbus Super appoints former Hostplus infrastructure head
The super fund has appointed Jordan Kraiten as its new head of infrastructure, who oversaw the infrastructure portfolio at Hostplus for more than a decade.
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.
Super veteran reflects on transformations in the ‘extraordinary’ industry
Former Funds SA and Rest executive, Jo Townsend, has weighed in on the impact of never-ending regulation and the outlook for consolidation in super, drawing on her three decades in the industry.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Super returns retreat in September amid ‘nervous’ investment markets
Although the return for the first nine months of the 2023 calendar year sits at 5.2 per cent, all four risk category fund options saw lacklustre September performance, according to Chant West.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
