Crescent Wealth News Today

Crescent Wealth Superannuation will shut down next month; its members will be moved to the new Salaam division of Russell Investments Master Trust.

South Australia’s premier executive appointments column tracking the movements of those driving the state’s public and private sectors.

As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming products are looked after.

Almost 100 of 800 investment options in the so-called “choice” market for superannuation failed the prudential regulator’s earnings and fees benchmark.

APRA has announced 96 trustee directed products and one MySuper product failed to meet the benchmark of its 2023 superannuation performance test.

Of the 97 products to fail this years superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees.

Hejaz Group has introduced the first ever Islamic pension product, alongside a new super offering, advancing its commitment to offer comprehensive wealth services tailored for the Muslim community in Australia.

/PRNewswire/ -- Sanctuary Wealth (Sanctuary), home to the next generation of elite advisors, welcomes Crescent Harbor Private Wealth (Crescent Harbor) a Jersey...

The superannuation disruptor segment has shrunk to half its peak size, with funds exiting the market in recent years having failed to resonate with the target audience

New data shows superannuation disruptor products have failed. According to Rainmaker Information, the vast majority of superannuation disruptor products, purpose-built for young fund members have ei