Page 8 - Future Super News Today

The number of Millennial-targeted super funds continue to fall by the wayside, halving to just 14 nearly a decade after attempting to disrupt the superannuation sector.

A review of industry demographics, focusing on account size, age and gender, reveals significant dispersion amongst funds. This creates challenges for the superannuation ecosystem.

The regulator has placed additional conditions on the trustees RSE licence, flagging serious concerns with Diversas ability to manage risks and deliver quality outcomes for members.

Fintech Bloom Impact has raised $525,000 in seed round funding.

A start-up super fund aimed at self-employed Australians that was shut down after it failed to reach scale has sued its trustee for breach of contract.

Andrew Peterson allegedly retaliated against an executive concerned about “excessive swearing” and Diversa’s “poor oversight of its regulatory obligations”.

It is both impractical and socially irresponsible to ignore menopause and its implications for our changing workforce

ACF report comes as countries at Cop15 prepare global target requiring businesses and financial institutions to reveal how supply chains and portfolios affect nature

The need for affordable homes has never been greater. At the same time, the institutional interest in Australian housing has never been stronger.

The fund services provider has welcomed two financial services industry veterans to its board ahead of its application to obtain CCIV authority.