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Showing 1 - 10 of 2295 results for "Industry Fund"

Superannuation assets inch to nearly $4.8tn

KARREN VERGARA  |  TUESDAY, 1 SEP 2026
Total superannuation assets hit nearly $4.8 trillion in the last financial year, marking a 9% rise, namely driven by the rise of industry funds. APRA's newly released statistics for the year ending June 30 showed Australians' retirement savings ...

APRA hits 12 super options with failed grade

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
... failed investment products nearly doubled in the 2026 APRA superannuation performance test, with BUSSQ being the only industry fund to make the list dominated by retail funds. One MySuper product and 11 trustee-directed products (TDPs) failed out of ...

AWAG's profit takes hit from geopolitics in FY26

MATTHEW WAI  |  TUESDAY, 25 AUG 2026
The Australian Wealth Advisors Group (AWAG) has reported a net profit after tax (NPAT) of $689,166 in the financial year ending June 30, down by some $360,000 compared to FY25. Revenue was also down 1.9% to $11.2 million, as AWAG explained the results ...

Industry reacts to Mulino's sweeping reforms

RIDDHIMA TALWANI  |  THURSDAY, 20 AUG 2026
From the advice sector to super funds, reactions to the sweeping reforms announced by the minister for financial services Daniel Mulino have been broad. Industry superannuation funds have welcomed financial advice reforms announced yesterday, which ...

Fiducian Group statutory profit falls 28%

MATTHEW WAI  |  MONDAY, 17 AUG 2026
... accounts (SMAs) has enabled the group to reduce its administration fees, which are getting closer to competing with industry fund fees and also against leading mainstream retail platforms that offer SMAs. Singh also clarified that, following the additional ...

Albanese pushes Trump on tariff exemption

RIDDHIMA TALWANI  |  FRIDAY, 14 AUG 2026
... highlighting the growing presence of Australian superannuation funds in the US. "Australian Super, for example, our biggest industry fund, has a presence and an office in the United States. It's no accident that we chose Heather Ridout as our Consul-General ...

IFS recovers record $250m in unpaid super

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
Industry Fund Services (IFS) has recovered a record $250 million in unpaid superannuation in the 2025-26 financial year, bringing its total recoveries to $2.5 billion since the service commenced. This comes just a month after the Payday Super reform ...

ASFA names board chair

RIDDHIMA TALWANI  |  FRIDAY, 7 AUG 2026
The Association of Superannuation Funds of Australia (ASFA) has appointed Linda Elkins as its new chair, effective August 25. Elkins previously served as the national leader for the asset and wealth management sector and was a former partner in the ...

Emerging markets, private assets lift NGS Super FY26 performance

KARREN VERGARA  |  WEDNESDAY, 29 JUL 2026
Emerging markets, commodities and maturing private assets took the shine away from equities, helping deliver nearly 12% p.a. for NGS Super members over the last financial year. Headline performers were less about the dominance of global and local equities ...

Super Consumers appoints former regulator as chair

RIDDHIMA TALWANI  |  WEDNESDAY, 22 JUL 2026
... consultative committee at Australian Financial Security Authority (AFSA), the chair of the Financial Counselling Industry Fund, chair of the consumer advisory panel at Australian Financial Complaints Authority (AFCA) as well as chair of the consumer ...
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