Investment Magazine | Intelligence for Institutional Investors
3 days ago · Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...
AustralianSuper’s lead on fund flows moderates
Jan 19, 2024 · The big eight profit-for-member funds took 80 per cent of natural flows in FY23, with mega-fund AustralianSuper leading the pack. But the nation’s largest fund also saw a slowdown in member switching, securing $9 billion, down from $14.5 billion the year before. APRA data suggests switching activity across the broader market has declined.
Industry funds claim 6 of 10 highest-paid super CEO jobs
Mar 12, 2024 · Industry fund chief executives claimed six out of the ten highest-paid spots, with Aware Super’s Deanne Stewart and HESTA’s Debby Blakey the only women on the list. Nine industry fund executives were paid more than $1 million in the past financial year. CSC’s Damian Hill is the lowest-paid chief executive of large funds (those with more ...
Why the whole world is suddenly paying attention to Aussie super
Apr 4, 2024 · As the assets under management in the Australian superannuation system continue to grow – now up to $3.7 trillion – and as populations around the world age, Australia’s compulsory savings regime is attracting global attention. While it has its shortcomings – including the need to evolve from a primary focus on worker savings to one that ...
Group insurance review no longer needed: AusSuper, ART
Jul 27, 2023 · The nation’s two largest superannuation funds, AustralianSuper and Australian Retirement Trust, say the time has passed for a sweeping review of group insurance settings, as recommended by the Productivity Commission. The comments come as newly released official figures suggest a 136 per cent increase in super-related claims complaints in FY23.
Super industry flows: AustralianSuper, HUB24 lead the way
Jan 18, 2023 · Natural flows. Net natural flows for the system (applied to large super funds, leaving SMSF’s aside) were about $46 billion in 2022. In aggregate the SG rate of 10.5% (scheduled to rise to 11% at the end of this financial year) more than offsets the outflows resulting from pension accounts built up during periods where lower SG rates were in place.
2025 Chair Forum - Investment Magazine
Over two days on Victoria’s picturesque Mornington Peninsula, this annual milestone event for chairs and deputy chairs of super funds will ensure trustee boards have the sufficient tools, capabilities and personnel to lead Australia’s highly successful – and scrutinised – superannuation system. The Chair Forum has a strict eligibility ...
2024 Insurance in Super Summit - Investment Magazine
Aug 1, 2024 · The Group Insurance Dialogue is back again in 2024 to be held under the relaunched banner of the Investment Magazine Insurance in Super Summit. In so doing, we break from the narratives of the past and foster a bright future in which insurance arrangements sit at the very heart of a customer service-minded and digitally-enhanced experience for ...
Wayne Swan, Cbus caught up in CFMEU maelstrom
Jul 25, 2024 · Explosive allegations about misconduct by militant trade union the CFMEU and its historic and interpersonal links to Cbus are fuelling political opposition to the growing profit-to-member super sector. Longtime critic Senator Andrew Bragg used the Investment Magazine Insurance in Super Summit to call for Cbus chair and federal Labor Party president Wayne Swan to resign from one or both of the ...
‘Fight tooth and nail’: Coalition appoints super warrior as shadow ...
Mar 5, 2024 · Opposition leader Peter Dutton has belatedly named a Shadow Minister for Financial Services and Superannuation after an almost 12-month vacancy in the portfolio. Luke Howarth, a judo black belt and SMSF advocate, has long sung from the Liberal hymn sheet of a flexible super system and is expected to play an aggressive form of politics in his contested new portfolio ahead of the election.