News

QSuper, which merged with Sunsuper to create Australian Retirement Trust (ART), Australia's second-largest super fund, has reached a $67 million out-of-court settlement over claims members were ...
ASIC commissioner Simone Constant said the regulator is going to continue to apply pressure to super funds who are failing to provide adequate member services.
Fire and Emergency Services Superannuation Fund (FES Super) has renewed its partnership with SS&C Technologies for administration services, as the software solutions provider aims to expand its ...
Responsible investing is buoyed by strong tailwinds coming from asset owners despite the political and regulatory headwinds, the Responsible Investment Association Australasia (RIAA) Conference heard ...
The Compensation Scheme of Last Resort (CSLR) is set to underspend its $24.1 million FY25 levy. The CSLR said that while the claim volume originally estimated in December 2023 is still expected to ...
The Federal Court has dismissed a class action against Count Financial and determined the applicant will pay Count's costs.
Trustees of newly established self-managed super funds (SMSFs) are behind a surge in the uptake of financial advice, according to a Vanguard/Investment Trends SMSF report.
QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites.
BUSSQ MySuper and Premium Choice account holders will see lower administration fees, however their insurance costs will rise from July 1. The $7 billion super fund will no longer charge members a ...
A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today.
La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX.
The chief executives of several superannuation funds have told ASIC and APRA there are "inherent tensions" between FAR and other regulatory requirements.