Page 2 - Rest Super News Today

It’s not the year to just buy bonds or equities and hope to outperform, according to one of the country’s top money managers.

Australian shares shrug off Wall Street losses to open higher. Telix Pharmaceuticals mulls Nasdaq listing. BlueBet jumps on merger talks. Follow updates here.

New transparency laws reveal for the first time where industry super funds put money for ads and sponsorships. The Tigers and unions are big winners.

Australian Retirement Trust chief investment officer Ian Patrick will replace Paul Watson on the board following the latters resignation from Hostplus as group executive of member experience.

Rest Super has contracted Reunion, a creative agency, to improve its member experience.

A group representing A$1.2 trillion in assets is calling for reforms and investment on ‘a massive scale.’

The most recent example of the start of a change in global finance is the biggest Australian pension fund, AustralianSuper, which has opposed the now-failed $11-billion bid for Australia’s top energy retailer, Origin Energy.

RIAA, which assessed 53 superannuation funds in its annual study, says the ten top ones “commit to good governance and accountability”.

A better focus for the ex PM would be the short-term performance test benchmarks that penalise the super industry for investments in future facing, low carbon industries.

The accelerated climate commitment is part of a push to convince shareholders to back a near-$20 billion bid being resisted by the AustralianSuper.