Total superannuation assets increased by 3.7% over the quarter to reach $4.1 trillion as at September 2024, of which $2.8 trillion are in APRA-regulated funds. Total contributions increased by 13.1% ...
The financial advice industry has finally earned "profession" status and has the potential to self-regulate in the near future, according to FAAA chair David Sharpe.
Professional reputations could be harmed if the government does not distinctly delineate between its proposed new class of advisers (NCAs) and financial advisers, the FAAA warns.
ASIC and APRA have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime before it applies to them come March 2025.
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with.
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy ...
Australian Retirement Trust and Industry Super Property Trust signed a 99-year lease from the University of Sydney to build a healthcare and life sciences hub.
Commonwealth Superannuation Corporation will work with Novigi to consolidate all its systems into one administration platform under a new seven-year deal.
Ausbil Investment Management is set to launch its inaugural exchange-traded fund, bringing its Active Dividend Income strategy in the first half of 2025. Ausbil said the strategy has proven popular ...