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18 September 2024 • By Naomi Neilson • 1 min read

ASIC’s misconduct allegations against Rest Super dismissed

A court has thrown out ASIC’s allegation that superannuation trustee Rest made false or misleading statements about the ability of its members to ...

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Super stages resilient recovery following August market sell-off

Sharp share market falls at the beginning of August failed to dampen momentum with super returns back in positive territory, according to Chant West

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Cbus board vacancies to be filled with CFMEU nominees despite controversy

The CFMEU administrator has moved to fill the vacancies that opened up on the Cbus board last month. Among the three nominees are Paddy Crumlin, ...

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Super funds and managers face tougher greenwashing standards as ASIC intensifies action

With ASIC intensifying its scrutiny of misleading sustainability claims, a legal expert has highlighted crucial lessons for super funds and fund ...

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CFMEU-linked directors exit second super fund

The news comes just weeks after CFMEU-nominated directors left industry fund Cbus. As the super industry continues to grapple with the fallout of ...

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Bragg alleges Labor not interested in protecting funds from the CFMEU

Bragg has criticised Labor after the party denied an inquiry into “the CFMEU–Cbus cartel” for a second time. In his latest media release, Liberal ...

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Super sees small gains amid August market turbulence

The strong market downturn in the first two weeks of the month has been followed by a swift recovery, according to SuperRatings. The median ...

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Gap widens between industry and government funds as AusSuper holds top spot

New research has revealed a significant growth differential and rankings move between industry funds and government-related funds. The latest ...

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Opposition says Labor is protecting union-linked funds after APRA targets First Super director

Following news that APRA has commenced proceedings against a CFMEU-linked First Super director, members of the opposition have once again accused ...

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Private markets gain ground in super portfolios

A number of fund executives have signalled deployments into private markets as they seek to capitalise on volatility. As investment strategists ...

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