Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
A third superannuation fund in mere months has terminated its mandate with AMP Capital to manage to its ethical investment option.
Senator Andrew Bragg is calling for greater scrutiny of how superannuation funds spend members' money, slamming the system that has enjoyed three decades of unquestioned opacity.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
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CHIEF EXECUTIVE OFFICER
The concept of the mega-super fund continues to be an area of interest in the superannuation industry as harsher regulation and the search for scale remain top priorities. Catholic Super and Equipsuper chief executive Scott Cameron explains all the ins and outs of navigating a merger. Eliza Bavin writes.
Superannuation funds should be more transparent in how they spend members' money.