Comments on: ASFA defends role of super funds in private markets https://financialnewswire.com.au/superannuation/asfa-defends-role-of-super-funds-in-private-markets/ A specialist news site for financial advisers, fund managers, superannuation executives and suppliers. Mon, 03 Mar 2025 20:57:24 +0000 hourly 1 https://wordpress.org/?v=6.9 By: An idiot for being an adviser in this environment https://financialnewswire.com.au/superannuation/asfa-defends-role-of-super-funds-in-private-markets/#comment-6953 Mon, 03 Mar 2025 20:57:24 +0000 https://cea.demo-sites.me/?p=156867#comment-6953 “Strengthening practices is important, but every minute the super funds spend responding to duplicative regulatory requests is a minute they cannot spend servicing members and building members’ retirement funds.”

Am I reading this correctly, they are suggesting the people who deal with ASIC and influence the investment strategy normally work the phones and service client needs! If this is the case they have some serious staffing issues. This is a ridiculous statement simply meat to cloud the issue.

]]> By: OhYeah https://financialnewswire.com.au/superannuation/asfa-defends-role-of-super-funds-in-private-markets/#comment-6925 Wed, 26 Feb 2025 23:12:48 +0000 https://cea.demo-sites.me/?p=156867#comment-6925 how about they just make rules when things have to be valued so people know everything is above board like listed markets instead of we mark the values whenever we want so we can make the numbers look good.

]]> By: Far canal https://financialnewswire.com.au/superannuation/asfa-defends-role-of-super-funds-in-private-markets/#comment-6923 Wed, 26 Feb 2025 22:04:25 +0000 https://cea.demo-sites.me/?p=156867#comment-6923 ASFA (pronounced phonetically: ASS-FAR) of course they defend it. Why would they be against unions & fund personnel making an honest dollar with their insider trading & market manipulation? Don’t be absurd.

]]> By: No Regulation of Industry Super https://financialnewswire.com.au/superannuation/asfa-defends-role-of-super-funds-in-private-markets/#comment-6921 Wed, 26 Feb 2025 20:51:09 +0000 https://cea.demo-sites.me/?p=156867#comment-6921 ASFA defends magic pudding unlisted returns on made to order valuations.
ASFA defends Industry Super trustees selling out of Unlisted assets before they eventually mark down values.
ASFA defends Industry Super not having to be regulated and do what ever they want.

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