Investor Daily5d
Australia’s biggest super fund faces fresh legal action from ASIC
Less than a month after being ordered to pay $27 million for failing to merge duplicate member accounts, Australia’s biggest super fund is again the target of a suit launched by the corporate ...
Investor Daily3d
APRA varies BUSSQ’s additional licence conditions
The Australian Prudential Regulation Authority (APRA) has modified the additional licence conditions imposed on the trustee. The prudential regulator has varied the additional licence conditions ...
Investor Daily3d
Global upheaval puts pressure on Australia’s next leaders, report finds
Regardless of which party wins the next election, it will face a vastly different economic landscape than the one inherited by the current leadership, new analysis reveals. Since Australia’s last ...
Investor Daily6d
Retail funds outpace industry counterparts in private debt allocations
APRA’s latest statistics have revealed retails funds have a larger exposure to private debt than their industry counterparts. Amid ASIC’s increased scrutiny of superannuation’s growing role in the ...
Investor Daily3d
Super complaints drop 33%, contradicting ASIC’s warning
AFCA’s latest figures would suggest that Longo’s assertion that complaints related to the super industry are spiking is not entirely accurate. Speaking on Wednesday, ASIC chair Joe Longo claimed super ...
Investor Daily6d
CEO warns global capital surge in wealth management won’t last
Global institutions are eager to invest in Australia’s wealth management sector, but this opportunity won’t last forever, an industry leader told InvestorDaily. Speaking to InvestorDaily, Paul Barrett ...