Sun, 21st Apr 2024

This week's superannuation news covers a variety of sectors including sustainable investment, leadership, legislative, advisor, and legal. UniSuper has made a significant commitment to Macquarie Group's renewable energy fund, making a landmark move in green energy with a $600 million allocation. Leadership news highlights Michael Lovett stepping up as the new CEO of Bell Asset Management, with expectations of significant growth under his guidance. Proposed Treasury Laws pose challenges for the financial industry with tax hikes and raised investor thresholds. The increased complexity in creating personalized retirement plans calls for better understanding and transparency. Finally, proposed tax reforms influence the legal sector, with concerns over changes potentially deterring high-quality legal professionals from bench roles and threatening judicial independence.n