Super fund Portfolio Holdings Disclosure (PHD)

Almost $1 trillion of superannuation fund assets are undisclosed

Almost $1 trillion of assets held by Australia’s fifty largest superannuation funds are undisclosed, according to analysis by environmental campaigners Market Forces. This equates to 83% of assets held by these funds being undisclosed, though there is considerable variation between funds. On average the fifty funds disclose only 16.6% of… Read More »Almost $1 trillion of superannuation fund assets are undisclosed

Carve-outs make super fund disclosure “useless”, says ISA

Industry Super Australia has criticised changes to the disclosure rules for large superannuation funds, saying there “will be next to no benefit for consumers in weak ‘transparency’ measures introduced into federal Parliament”. “Instead, banks and their ‘for-profit’ super funds will continue to bury facts about fees and investment returns for… Read More »Carve-outs make super fund disclosure “useless”, says ISA