Hostplus finalises merger with Intrust Super
The merger of the two industry superannuation funds would create a $69 billion fund as Hostplus also looks to merge with Statewide Super in 2Q22.
Source: superreview.com.au
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Hostplus, Intrust merger complete
Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May.
Source: financialstandard.com.au
Super fund insiders accused of flouting directors duties
The conduct was not technically insider trading, so ASIC was not pursuing the offenders for criminal breaches, the watchdog’s chairman told a parliamentary committee.
Source: afr.com
Regulator finds conflicts of interest in Aussie super funds
Australian securities regulator ASIC finds that there are conflicts of interest among trustees of superannuation funds. Read more...
Source: capital.com
COVID Australia: ASIC weighs insider trading charges against super fund executives
ASIC is investigating whether executives from 23 super funds moved their money out of unlisted asset options before they were revalued lower by the fund.
Source: afr.com