Second super fund targeted by ASIC over alleged greenwashing

A second superannuation fund has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action against Mercer Super.

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AIST and ISA urge action on underperforming Choice funds

Super associations have urged the regulator to help members of underperforming Choice funds after its heatmaps found one in five were significantly underperforming the benchmark.

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Melbourne adviser banned for encouraging early super release

ASIC has banned Terence Rio Nugara, director of Skynet Financial Services, for obtaining $1.6 million from misleading clients and enabling the early release of superannuation.

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Iress expands super fund digital advice offerings

Hostplus and Industry Fund Services are the latest sign-ups to Iress’ new tool that combines digital advice with personalised financial education based on member demographics and preference data.

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Super funds warming up to fixed income allocations: AOFM

A report by the Australian Office of Financial Management has noted benchmark changes under Your Future, Your Super and higher interest rates could see “significant” shifts by superannuation funds to fixed income.

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Human rights complaints filed against 20 super funds

Super fund members have joined the traditional owners of three First Nations across Australia to commence legal action against industry investments in Santos and its Barossa and Narrabri gas projects.

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How can retirees navigate the current ‘affordability crunch’?

With high inflation biting into retiree lifestyles, Challenger believes there are strategies that can be adopted for advisers to better serve their older clients.

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Five takeaways from the latest Choice heatmaps

Super Review has dug into the latest Choice heatmaps to pull out five key findings affecting Choice funds and identify those RSE licensees with underperforming funds.

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Former Qld adviser imprisoned after $625k SMSF fraud

| By Laura Dew |

A former Sunshine Coast adviser has been sentenced after pleading guilty to nine counts of fraud totalling $625k by withdrawing funds without authorisation from his clients’ SMSF accounts.

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Future Fund picks new equities director

Ben Griffiths, former TCorp equities head, has taken up a similar role at Australia's sovereign wealth fund.

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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. ...

4 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

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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 ...

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The financial services software company announced it detected unauthorised access of its GitHub user space over the weekend....

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The fund has announced an internal promotion to the newly created role. ...

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