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| | | The government has introduced the payday superannuation bill in the House of Representatives today. First flagged in 2023-24 Federal Budget, the legislation stipulates that from 1 July 2026, employers must pay their employees' superannuation at ... |
| | | | State Super will outsource its investment team to Frontier Advisors and as part of the deal, the government superannuation fund will take a 23% stake in the industry super fund-backed asset consultant. The two organisations described the arrangement ... |
| | | | HESTA has surpassed $100 billion in funds under management, which it hopes will help to bring down costs and deliver sustainable returns. HESTA's chief executive Debby Blakey said the increased scale helps the fund to access a larger and more diverse ... |
| | | | ... there were instances of solid, transparent governance processes with proactive involvement from the Office of the Superannuation Trustee, as well as well-structured frameworks for timely and consistent remedial action and member transfers. The regulator ... |
| | | | Aware Super and TelstraSuper have moved to the next stage of their merger plans, signing a binding Heads of Agreement to create an entity with nearly $235 billion in assets. Providing an update to its members, TelstraSuper chief executive Chris Davies ... |
| | | | Australian Food Super is transitioning its insurance offering to age-based pricing, with older members to pay much more for cover. For insurance purposes, Australian Food Super members are categorised as either manual workers or office workers. For ... |
| | | | ... Review, highlighting that building resilience to severe liquidity and operations shocks must remain a priority for superannuation funds. "Superannuation funds now account for around 160% of Australian GDP and in aggregate the value of assets held by ... |
| | | | Superannuation administrator GROW Inc has secured two heavyweight hires to spearhead its people and product functions. Trevin Erichsen has been named chief product officer, with HR specialist Marcus Waterreus taking on the role of chief people officer. ... |
| | | | ... services. Renee Tkalec joins the asset owner as head of product bringing more than 20 years' experience across superannuation, retirement and group insurance. Throughout her career, she held senior leadership roles at Active Super, AMP, Aon Hewitt ... |
| | | | ANZ Staff Superannuation Scheme has appointed William Leong as head of investments, filling the vacancy left by Ruwanie Dias, who took up a role as global head of externally managed funds at QBE Insurance. Leong joins the $7 billion corporate fund from ... |
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