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Canberra hits out at super fund ‘complacency and inertia’

By sallyallportstoriesNo Comments

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…

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February 2, 2020

ASIC cements position as top conduct cop

By sallyallportstoriesNo Comments

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.

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February 2, 2020

Rowell: Don’t wait for APRA to come knocking

By sallyallportstoriesNo Comments

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…

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February 2, 2020

ASIC sues super trustee, fund

By sallyallportstoriesNo Comments

The corporate watchdog has launched legal action against a superannuation trustee, claiming that it promoted false and misleading statements about products and services.

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November 13, 2019

AustralianSuper names Don Russell chair

By sallyallportstoriesNo Comments

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.

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November 13, 2019

Neil Cochrane and Wayne Kayler-Thomson: Forging a merger

By sallyallportstoriesNo Comments

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.

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November 13, 2019

Legalsuper’s Kirsten Mander: The vision is the mission

By Fake adminstoriesNo Comments

Kirsten Mander, chair of legalsuper,  speaks to Alice Uribe and reflects on her first year in the job as she  prepares to tackle a challenging 2019.

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February 6, 2019

O’Neil calls out super system myopia

By Fake adminstoriesNo Comments

The shadow minister for financial services, Clare O’Neil, has added her voice to the growing chorus of industry insiders calling for a greater focus on the nation’s post-retirement system, instead…

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February 6, 2019

QSuper chair Karl Morris on opening up

By Fake adminstoriesNo Comments

CHAIR’s SEAT | In this Q&A with Investment Magazine, QSuper chair Karl Morris reflects on recent changes at the $94 billion Brisbane-based superannuation fund, including going public offer and launching an insurance…

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September 25, 2018

Equip Super’s Andrew Fairley: Board approval

By Fake adminstoriesNo Comments

The independent chair of Equip Super, Andrew Fairley, believes the fund’s skills-based trustee selection is the way forward for the sector.

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September 25, 2018
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