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Showing 1 - 10 of 140 results for "Public Sector Super"

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 ...

GESB names chief executive

MATTHEW WAI  |  MONDAY, 10 AUG 2026
GESB, Western Australia's public sector super fund, has named a new chief executive following the departure of long-serving leader Ben Palmer earlier this year. Joann Wilkie will replace Paul Taylor, who has been in the role on an interim basis since ...

MUFG scores administration mandate

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
MUFG Retirement Solutions, a division of MUFG Pension & Market Services has been appointed by ElectricSuper as the fund's new administration partner. MUFG said the appointment marks the commencement of a strategic partnership supporting members across ...

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
Cbus members will see an average 46% increase in death and TPD premiums from July 1. Default cover premiums will increase between $0.19 cents and $10.24 per week. There will also be a 12% increase for some income protection categories, the first rise ...

CSC to increase TPD premiums for PSSap members by 43.5%

JAMIE WILLIAMSON  |  THURSDAY, 2 APR 2026
Members of Commonwealth Super Corporation's Public Sector Superannuation Accumulation Plan (PSSap) are about to be hit with insurance premium increases of more than 40%. A recent review of the PSSap lifePLUS offering, underwritten by AIA Australia ...

GESB chief bows out after 10 years

ELIZABETH FRY  |  THURSDAY, 26 MAR 2026
Western Australia's largest public sector super fund is searching for a new chief executive following the departure of its long-serving leader. Ben Palmer, a former investment manager with GESB, will be replaced by investment chief Paul Taylor on ...

Super assets reach $4.5tn

ELIZA BAVIN  |  FRIDAY, 27 FEB 2026
The Australian Prudential Regulation Authority (APRA) has released its Quarterly Superannuation Performance report for the December 2025 quarter, showing total superannuation assets have hit $4.5 trillion. Total superannuation assets increased by 0.8% ...

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 ...

APRA dissects retirement products for the first time

KARREN VERGARA  |  FRIDAY, 27 JUN 2025
More than 200 retirement products managing $490 billion in members' retirement savings have come under the watchful eye of prudential regulator APRA for the first time. APRA's latest statistics for the March 2025 period breaks down the state ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
The Financial Services and Credit Panel (FSCP) reprimanded two financial advisers who each failed to provide a thorough assessment of their clients' tax liabilities. The first financial adviser, identified as only "Mr. C", was reprimanded for recommending ...
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