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Showing 91 - 100 of 1305 results for "AustralianSuper"

FEATURE: Problem detected

MATTHEW WAI  |  THURSDAY, 18 SEP 2025
... this year, stealing member information and money from the nation's largest super fund. Super-sized risks At AustralianSuper, a total of 10 members had a combined $750,000 transferred out of their accounts in a series of cyberattacks targeting super ...

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
... estate." The changes will be implemented in two stages spanning 18 months, starting in December. ASIC is also suing AustralianSuper for delaying the processing of nearly 7000 death benefit claims. Some beneficiaries were left waiting four years for a ...

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
As superannuation fund assets continue to hit record highs, with AustralianSuper leading the pack at $387.6 billion, the number of inactive accounts is also ballooning, APRA's latest statistics reveal. APRA superannuation fund data for June 2025 ...

World's pension market hits $36.9tn

ELIZA BAVIN  |  TUESDAY, 9 SEP 2025
... uncertainty as major concerns, with inflation also highlighted as a key factor shaping the outlook for the year. AustralianSuper was the only Australian superannuation fund to break the top 20, coming in at number 17 in terms of AUM. The other Australian ...

FEATURE: Hyped up

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
Financial services firms stand at a pivotal juncture. Those in one camp, with their heads buried in the sand, can no longer ignore the fact that artificial intelligence (AI), particularly its sidekick generative AI (GenAI), is everywhere. The other ...

Schroder urges 'open dialogue' with government

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
AustralianSuper chief executive Paul Schroder has warned that while superannuation funds may have the capital to invest in future infrastructure projects, the government should bear the risks. Speaking at the National Press Club, Schroder said the potential ...

Using super as 'piggybank' would be a 'disaster': Schroder

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
AustralianSuper chief executive Paul Schroder has used his speech at the National Press Club to warn the government that Australians' retirement savings should not be treated as a "piggybank". Schroder said it would be a "disaster" for members if governments ...

Super funds test cybersecurity resilience

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... identify strengths, uncover gaps and test communication and compliance procedures under pressure. About 10 members of AustralianSuper collectively lost $750,000 from a cyberattack in April. Cbus, Insignia Financial, Hostplus and Australian Retirement ...

Three retirement products achieve double-digit returns

KARREN VERGARA  |  WEDNESDAY, 3 SEP 2025
... Legalsuper's Pension Balanced and REI Super's Pension Balanced option each made 9.7% p.a. over the three-year period. AustralianSuper's Choice Income Balanced and GESB Retirement Income AP's Balanced options returned 8.7% p.a. each. Government funds ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
A former AustralianSuper executive has joined the Super Members Council (SMC) to strengthen its policy development for the superannuation sector. Nick Coates has commenced in the role of executive general manager policy reform and regulation. He was ...