09/24/2020

Super funds squander member money: Bragg

The New South Wales Senator proposed a roadmap to fix the system in three ways by: setting a clear objective of what superannuation wants to achieve; improving transparency of how members' money is spent; and lowering fees.

09/23/2020

Boutique extends GBST partnership

Warakirri Asset Management has extended its partnership with after-tax investment-focused service provider GBST for its superannuation clients to include international indices.

09/23/2020

AMP tops worst-performing super funds list

The best balanced funds were: WA Local Government's Sustainable Future (6.9% p.a.), AustralianSuper's Conservative Balanced (6.2% p.a.), IOOF's MultiMix Moderate (5.7% p.a.) and Public Sector Super's Income Focused (5.7% p.a.).

09/22/2020

Hostplus awards mandate

The fund established a relationship with Flexstone in 2014 with a mandate with Caspian which later merged into Flexstone.

09/22/2020

Ethical super fund overhauls fees

Cruelty Free Super calculated that on a balance of $50,000 the altered fees should result in a reduction from $997 per annum to $992 per annum.