EPISODE · Aug 9, 2024
Sat, 10th Aug 2024
from Superannuation News Wrap · host Paige Estritori
In this week's episode of Financial Services Onlines Weekly Superannuation News Wrap, host Paige Estritori summarizes crucial Australian superannuation industry developments. Major changes occur within businesses like Iress, appointing Sam Wall as the new CEO for their superannuation division, and REST announcing Catherine Bolger as the new board director. Regulatory issues arise as the Australian Prudential Regulation Authority faces criticism over superannuation fund payments to unions. Finally, in a landmark legal decision, Mercer Super is fined $11.3 million for greenwashing, falsely representing high-carbon fossil fuel, alcohol, and gambling sector investments as "environmentally friendly," suggesting a need for more honesty and transparency within the financial sector. Stay updated with more industry news at financialservicesonline.com.au.n
What this episode covers
In this week's episode of Financial Services Onlines Weekly Superannuation News Wrap, host Paige Estritori summarizes crucial Australian superannuation industry developments. Major changes occur within businesses like Iress, appointing Sam Wall as the new CEO for their superannuation division, and REST announcing Catherine Bolger as the new board director. Regulatory issues arise as the Australian Prudential Regulation Authority faces criticism over superannuation fund payments to unions. Finally, in a landmark legal decision, Mercer Super is fined $11.3 million for greenwashing, falsely representing high-carbon fossil fuel, alcohol, and gambling sector investments as "environmentally friendly," suggesting a need for more honesty and transparency within the financial sector. Stay updated with more industry news at financialservicesonline.com.au.n
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Sat, 10th Aug 2024
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