Total super assets hit $3.56 trillion in September: APRA
Australia’s total superannuation assets have increased 8.5 per cent year on year thanks to strong contribution inflows and positive investment returns.
November 21, 2023
Acadian paper highlights extension strategies
A new paper identifies the differentiation of strategies that improve risk-adjusted performance from those that simply amplify active risk.
November 21, 2023
CFS launches new integration feature for FirstChoice platform
Platform aiming to reduce set-up time for new and existing accounts via integration with wealth management software Xplan.
November 21, 2023
Growth funds’ returns dip in October: Chant West
The return of median superannuation growth funds (invested 61 to 80 per cent in growth assets) fell 1.5 per cent in October, according to fund research group Chant West.
November 20, 2023
COG takes ClearView’s Centrepoint holdings
COG Financial Services has acquired 19.99 per cent of Centrepoint for $13 million, just days after pulling its rival offer for Diverger.
November 17, 2023
Count amends Diverger offer
Count has amended its binding scheme implementation agreement to acquire Diverger, announced in September and due to be completed in February.
November 17, 2023
Objective of super bill introduced into parliament
The government has introduced a bill to legislate the objective of superannuation to parliament on Thursday.
November 17, 2023
Rest appoints head of public policy
Industry fund Rest has appointed Enrico Burgio as head of public policy, as part of its focus on supporting policy and regulatory outcomes in the best interests of its growing membership, according to an update from the fund.
November 16, 2023
MetLife partners with Australian Wildlife Conservancy
MetLife Australia has signed a three-year deal on a partnership to conserve Australian native animal species and the habitats in which they live.
November 16, 2023
AMP to launch digital bank for small business
AMP will be launching a digital bank offer designed for small businesses and sole traders in Q1 of 2025.
November 16, 2023
Court approves $110m AMP royal commission class action
The Supreme Court of New South Wales has approved the settlement for the shareholder class action brought against AMP after the Hayne royal commission in 2018 for $110 million, according to an update from class action law firm Maurice Blackburn.
November 15, 2023
HUB24 launches Discover offer
HUB24 has launched an offer called Discover to complement its existing Core and Choice offers.
November 15, 2023
