Super trustees told to brace for ‘rough seas’ ahead
APRA chair Wayne Byres has told super trustees to brace for “some rough seas” ahead.
APRA chair Wayne Byres has told super trustees to brace for “some rough seas” ahead.
The report looked at how accurate APRA’s test is in identifying poor performance.
SuperRatings has estimated that around 20 per cent of Choice options will fail their first performance test.
Medium growth superannuation funds are down by some 5 per cent for this financial year to date.
The mandate forms part of the industry super fund’s efforts to adapt to YFYS.
Squirrel Superannuation Services has been ordered to pay a $55,000 penalty for false and misleading marketing.
The median balanced super fund lost nearly 1 per cent in May as market volatility continued.
The two super funds, which have a combined $26 billion in funds under management, have signed a memorandum of understanding.
New name and look for Queensland-based super fund.
The super fund has partnered with Calvert and Goldman Sachs to reduce its portfolio emissions.
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