Super fund CEO resigns, staff stood aside amid police investigation

Two employees of an IOOF-backed super fund have stepped aside following the resignation of its boss, as the police investigate his role in a...

by Sarah Simpkins

more stories

  • Early super release widening gender gap, AMP says

    An analysis of early superannuation release applications by AMP clients has shown that women are withdrawing a greater proportion of their s...

    by Sarah Simpkins
  • Consolidate or die?

    APRA has warned super funds must be able to demonstrate their “right to remain” – and if they can’t, they could be forced to merge. ...

    by Lachlan Maddock
  • MP demands inquiry into industry fund mob

    Liberal MP Tim Wilson has urged APRA to investigate potential conflicts of interests arising from industry superannuation funds and their ve...

    by Sarah Simpkins
  • Volatility wiped super gains in March

     The latest super statistics from the prudential regulator have revealed a significant drop in assets over the first quarter of this year a...

    by Reporter
  • BetaShares boss blasts early super

    Exclusive: The CEO of BetaShares has sledged the government’s early super scheme, saying super “should not be used as an ATM when times ...

    by Lachlan Maddock
  • Three funds tick over $1bn in early release payments

    Ten superannuation funds have shelled out around two-thirds of the early release payments, with the top three funds surpassing $1 billion ea...

    by Sarah Simpkins
  • Tax storm looms for super

    Superannuation could be set to lose its preferential tax treatment in the COVID-19 recovery, an actuary has cautioned, with its chief noting...

    by Sarah Simpkins
  • Retirement income framework on backburner

    The government has delayed legislation to introduce a retirement income covenant for the new financial year, arguing the issue requires “f...

    by Sarah Kendell
  • Australians ‘in the dark’ on super

    New research shows that many Australians wrongly believed super funds would automatically de-risk in the lead-up to the COVID-19 crisis. ...

    by Lachlan Maddock


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