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A service for investment professionals · Wednesday, April 2, 2025 · 799,479,166 Articles · 3+ Million Readers
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Superannuation Funds News Monitoring

  • Published on Apr 1, 2025

    Major update for Melissa Caddick's Ponzi scheme victims who were conned out of $23million by the fraudster

    By MIKLOS BOLZA FOR AUSTRALIAN ASSOCIATED PRESS Published: 04:56 EDT, 1 April 2025 | Updated: 05:12 EDT, 1 April 2025 Investors defrauded by Melissa Caddick before her disappearance and death will recoup a portion of their $23 million in losses after …

    Source: Daily Mail - Right-wing
  • Published on Apr 1, 2025

    GrowthOps goes into administration

    Credit: Hush Naidoo Jade Photography via Unsplash Marketing and technology group GrowthOps Australia has gone into voluntary administration, AdNews can reveal. GrowthOps formed in late 2017 as part of an eight-way merger, acquiring AJF Partnerships, 3wks, …

    Source: AdNews - Label Pending
  • Published on Apr 1, 2025

    ASIC and ASFA should get a room

    In the same month that Association of Superannuation Funds of Australia chief executive Mary Delahunty called ASIC’s criticism of the super sector’s governance an “overreach”, she’s now chucked a U-turn at record speeds. Sufferers of chronic neck pain, …

    Source: Financial Review - Center-right
  • Published on Apr 1, 2025

    Asset owners prepare portfolios for a brave new world

    For more than 20 years, the investment environment has been markedly friendly, with markets boosted ever higher by accommodative monetary policy, unimpeded trade between countries and a relatively benign geopolitical backdrop. But with trade wars – and …

    Source: Top 1000 Funds - Neutral
  • Published on Apr 1, 2025

    Prime Minister Anthony Albanese sweats on Trump’s tariff announcement but won’t call White House

    Prime Minister Anthony Albanese faced a barrage of questions on Tuesday about why he had been unable to secure a phone call with US President Donald Trump ahead of an expected fresh round of punishing US tariffs. After a 25 per cent levy was slapped on …

    Source: The West Australian - Center-right
  • Published on Apr 1, 2025

    Victims of Sydney con-woman Melissa Caddick receive $3.5m settlement

    The victims of Sydney fraudster Melissa Caddick have reached a $3.54 million settlement in a class action. The self-styled financial adviser left investors almost $24 million out of pocket through their self-managed superannuation funds (SMSFs) before she …

    Source: ABC (Australian Broadcasting Corporation) - Neutral
  • Published on Apr 1, 2025

    Victims of $23m con-woman Caddick claw back more losses

    Investors defrauded by Melissa Caddick before her disappearance and death will recoup a portion of their $23 million in losses after settling a class action lawsuit with her auditors. Victims have already been repaid $7.25 million after liquidators of the …

    Source: PerthNow - Neutral
  • Published on Apr 1, 2025

    Aussies at each other’s throats over super

    A fiery debate has started after former Big Brother star and landlord Estelle Landy declared that superannuation in Australia is a scam. Aussie employers must contribute 11.5 per cent of an employee’s earnings to superannuation, if the worker is over 18 …

    Source: The Geelong Advertiser - Center-right
  • Published on Apr 1, 2025

    ‘Labor is going to charge you’: Dutton warns small businesses about controversial super changes

    Opposition Leader Peter Dutton has delivered a stark warning to small business owners and farmers that Labor is “going to charge you a tax” on unrealised capital gains in their super funds. The government has proposed legislation that will double the tax …

    Source: Sky News Australia - Right-wing
  • Published on Apr 1, 2025

    World’s biggest gold miner signs up to buy green power from WA’s biggest wind farm

    The world’s largest producer of gold, global mining giant Newmont Corporation, will source renewable electricity from Western Australia’s biggest wind farm (to date), as part of a major new deal to help power a gold and copper mine in the state’s south- …

    Source: Renew Economy - Label Pending
  • Published on Apr 1, 2025

    Economic update: Will 2025 be Papua New Guinea’s golden year?

    PNG’s state-of-the-art new National Court Complex will house PNG’s Supreme and National Courts when it opens this year. Credit: David Kirkland The year 2025 is a big one for Papua New Guinea, home to the Pacific Islands’ largest economy. It will mark 50 …

    Source: Business Advantage PNG - Neutral
  • Published on Apr 1, 2025

    Melissa Caddick victims reach multimillion-dollar settlement

    Victims of Sydney conwoman Melissa Caddick have reached a $3.5 million settlement in a class action to claw back some of their lost money from a group of auditors. Federal Court Justice Brigitte Markovic approved the settlement during a hearing in Sydney …

    Source: The Sydney Morning Herald - Neutral
  • Published on Apr 1, 2025

    PM’s 3 issues ‘of concern’ in Trump tariffs

    The Prime Minister says Australia will not negotiate on three key issues the US has identified as issues as the Trump administration prepares to release its “Liberation Day” tariffs update this week. The US government has published the 2025 National Trade …

    Source: Townsville Bulletin - Center-right
  • Published on Apr 1, 2025

    Share tips amid Trump and federal election uncertainty

    Stock pickers find it tough to make “sell” recommendations when share markets are sinking because they see bargains popping up everywhere. With the S&P/ASX 200 index currently 7.3 per cent below its mid-February high, a federal election campaign …

    Source: Stockhead - Neutral
  • Published on Mar 31, 2025

    Aussie sparks huge debate about superannuation after epic rant: 'It's a scam'

    A young woman has unleashed a scathing tirade about superannuation claiming Australians should be able to access their savings before they retire.    Former Big Brother contestant and multiple property owner Estelle Landy slammed Australia's …

    Source: Daily Mail - Right-wing
  • Published on Mar 31, 2025

    ‘Only two or maximum three’ more rate drops until the RBA stops cutting

    Australian mortgage holders may only be handed two or three more interest rate cuts before the Reserve Bank of Australia holds for the long term, a leading economist has predicted ahead of the April rate call. The RBA is widely expected to hold interest …

    Source: Sky News Australia - Right-wing
  • Published on Mar 31, 2025

    Super failings laid bare after ‘deep grief, suffering’

    A grieving widow was made to wait months and lodge the same documents over and over before finally being paid $600,000 in benefits owed to her. An elderly man who had lost his wife to cancer and urgently needed access to funds owed to him to cover an …

    Source: Michael West Media - Left-wing
  • Published on Mar 31, 2025

    ASIC reveals devastating super death benefit practices

    An Australian superannuation fund trustee took more than 500 days to pay a $100,000 death benefit to a First Nations woman who was grieving the loss of her husband, according to Australia’s corporate regulator. This was one of the distressing complaints …

    Source: Azzet - Label Pending
  • Published on Mar 31, 2025

    Super trustees accused of ‘disconnect’ on death benefit claims flaws

    A regulator’s review of the superannuation industry’s death benefit claims handling has found failings including excessive delays, bad customer service and ineffective procedures. A death benefit is the amount remaining in a member’s account when they die, …

    Source: Insurance News - Neutral

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