Assistant Minister for Superannuation Jane Hume has slammed the $2.9 trillion superannuation industry for its “complacency and inertia,” saying poorly-performing funds have “no place to hide” and that small funds…
Australia’s corporate watchdog has shored up its position as the country’s top conduct cop in the superannuation industry, with increased powers to tackle misconduct in a toughening regulatory environment.
The prudential regulator has warned trustees of superannuation funds that flashed red or amber on its controversial MySuper heat maps late last year that they should act now to improve…
The corporate watchdog has launched legal action against a superannuation trustee, claiming that it promoted false and misleading statements about products and services.
Australia’s largest superannuation fund names former Keating adviser as chair, replacing Heather Ridout who is stepping down after more than six years at the helm.
The chairs of First State Super and VicSuper talk to Investment Magazine about the $120 billion merger underway, industry consolidation and the importance of scale.
