Martime Super News Today : Breaking News, Live Updates & Top Stories | Vimarsana

“Should a trustee be unable to adequately demonstrate that members’ best interests are being prioritised in its decision-making, or it appears that a trustee may have failed to meet its obligations under RSE [Responsible Superannuation Entity] licensee law, APRA is prepared to take a range of actions to safeguard members.” Bragg said Martime Super was a “shell company” for the benefit of the Construction, Forestry, Maritime, Mining and Energy Union (CFMEU). “The idea of mergers is to create economies of scale and to reduce costs but also to remove persistent poor performers like M...

This would give Maritime Super members access to investment opportunities normally not available to smaller funds, which included unlisted assets like infrastructure, property, private equity and venture capital. Peter Robertson, Maritime Super chief executive, said the decision to invest alongside Hostplus was a logical strategy to enhance investment outcomes for members. “It will afford our fund the opportunity to access some of the best investment opportunities and returns available while retaining our ability to focus on the exceptional and tailored services our members expect and deser...