Making Your Future a Success
Helping you connect with a financial advisor so you can plan for your tomorrow... today!
Making Your Future a Success
Helping you connect with a financial advisor so you can plan for your tomorrow... today!
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Macquarie to repay Shield investors after super platform failures
Macquarie Investment Management has committed to repaying thousands of Australians who invested hundreds of millions of their retirement savings in the collapsed Shield Master Fund (Shield) amid admissions it contravened the Corporations Act.
Thirteen Australian superannuation funds fail performance test
The corporate regulator has warned the nation’s 13 worst super funds against providing their 1.1 million members with “misleading” information about their performance.
Super funds held on to Russian assets after markets tanked
Australia’s largest super funds are holding on to hundreds of millions of dollars in Russian assets, despite moves by the Future Fund, state governments and private investors to jumped ship.
Commonwealth Bank reaped superannuation profits even when fund members’ balances fell
Over a four-year period CBA’s Colonial First State arm generated $1.42bn in profit after tax including in periods when funds it ran shrank or stagnated