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super

19 August 2021 • By Sarah Kendell • 1 min read

Government-run super ‘an illiberal idea’

A key super industry body has blasted Liberal backbencher Andrew Bragg’s latest policy paper suggesting default worker contributions be moved to a ...

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Fund warns weak targets will leave Aussie economy in the cold

An industry fund has warned that nations with no clear commitment to the Paris climate targets will find themselves “on the outer” when it comes to ...

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Almost 1 in 2 investors committed to net zero

Almost half of major investors in Australia and New Zealand have now committed to reducing emissions to net zero in their portfolios by 2050, new ...

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Advised clients gained more than 5% in 2020

Advisers played a key role in helping clients stay the course in their investments during the volatility caused by the initial onset of the COVID ...

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Equity Trustees profit jumps on outsourcing rise

The trustee company has reported a more than 40 per cent rise in funds under management as it benefited from the growing industry trend to outsource ...

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Government calls for feedback on Your Future, Your Super’s portfolio holdings disclosure

The Morrison government has called for feedback in regard to regulations for portfolio holding disclosure by superannuation funds as part of its Your ...

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Charges against ex-Citi head dropped

Charges against an ex-Citi head have been dropped. The Commonwealth Director of Public Prosecutions (CDPP) confirmed this week that “all” charges ...

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APRA super head warns funds: ‘Expect more intrusive regulation’

The prudential regulator’s new head of superannuation has signalled she may take a heavier-handed approach to enforcement in the space as the Your ...

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NAB’s Citi acquisition to boost customer base to over 4m

NAB’s recent acquisition of Citigroup’s Australian business is expected to boost the bank’s customer base to over 4.5 million. Market research firm ...

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Mutual bank, credit union to merge

A mutual bank has announced it’s entered into an agreement with a rival credit union to explore merger opportunities. In a statement, Heritage Bank ...

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