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super

06 February 2023 • By Jon Bragg • 1 min read

Mercer proposes $3.4m balance cap to improve fairness in super system

A super balance cap is among five recommendations made by Mercer. Mercer has urged the federal government to introduce a maximum superannuation ...

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Magellan reports uptick in FUM

The fund manager has experienced a positive start to 2023. Magellan Financial Group had $46.2 billion in funds under management (FUM) as of the end ...

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Don’t confuse tax change for tax reform, government told

As the Federal Budget approaches, The Tax Institute has urged the government not to confuse tax changes for tax reform.  The Tax Institute has ...

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Sustainable fund flows recover following turbulent 2022

Investor appetite for sustainable funds has returned after waning in response to market volatility in 2022, according to Morningstar. A new ...

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Regulator ups crypto enforcement measures, token mapping begins

ASIC is increasing the size of its crypto team. In an update on how the government intends to make crypto safer for consumers, the Minister for ...

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Aware Super furthers global expansion with staff reshuffle

Mr Webb will continue in his current role during the transition. Damien Webb, Aware Super deputy chief investment officer, has been named head of ...

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Why a 40 bp rate hike may be on the cards this month

CBA has looked at the most likely scenarios for the RBA’s first meeting of the year. While a 25 basis point (bp) hike is seen as the most likely ...

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Super funds exceeding $5m don’t meet objective, minister hints

Minister Jones has confirmed that the government will launch a paper on the objectives of superannuation “very, very soon”.  The Minister for ...

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Wilsons Advisory and Stockbroking pays hefty infringement notice

Wilsons Advisory and Stockbroking has paid a penalty of $548,328 to comply with an infringement notice given by the Markets Disciplinary Panel

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Janus Henderson reports 34% AUM drop

The global fund manager has released its fourth quarter and full-year results. Janus Henderson Group has reported US$287.3 billion in assets under ...

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