Former FSA executive director Margaret Cole will join APRA as the new member responsible for the superannuation sector in Australia in July this year.
APRA says eight trustees may have failed in their obligations to members in relation to 10 separate MySuper products, which means they could possibly have breached the SIS Act.
Cbus CEO Justin Arter expects to see more consolidation among smaller funds as the proposed super reforms might cause these funds to rethink their purpose in life.
Islamic superannuation fund Crescent Wealth has expanded its investment toolkit with the addition of Shariah-compliant currency hedging, while it has also appointed a new asset consultant.
Super industry has experienced its lowest rate of return in the March quarter since APRA started data collection.
What if you could design your hedging strategy with 20/20 hindsight? We asked VFMC’s Mark Aaron how to best address this question.
Superannuation funds have paid out $6.3 billion in total under the early release scheme to people who are experiencing financial hardship as a result of the coronavirus pandemic.
Tragedies happen, not when one thing goes wrong, but when many things go wrong at the same time. Can we learn lessons from the sinking of the Titanic and apply them to our portfolios as the pandemic wreaks havoc? Teik Heng Tan explores this issue.
HESTA has appointed a new General Manager of Investment Risk, as the fund continues its plans to internalise certain asset management functions, including Australian equities investments.