Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
The chief executive of Australia's second largest industry superannuation fund has taken out the FEAL Fund Executive of the Year award.

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
HESTA has significantly grown its in-house capability, resulting in the fund now handling nearly $7 billion or 10% of its portfolio internally.

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs.

Trustees to disclose more remuneration details

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
APRA will force superannuation funds to provide more details into how they pay executives, particularly wanting deeper insight into how variable remuneration is rewarded.

Prime Super snaps up wind farms

CASSANDRA BALDINI  |  TUESDAY, 1 AUG 2023
The super fund expanded its wind-energy portfolio through the acquisition of two Victorian wind farms.

Aware Super details new term deposit option

JAMIE WILLIAMSON  |  MONDAY, 31 JUL 2023
Aware Super members with at least $15,000 in their account can now invest their super directly in term deposits, locking in rates currently as high as 5.25%.

Russell Investments reports super returns up to 13.5%

ANDREW MCKEAN  |  FRIDAY, 28 JUL 2023
Russell Investments GoalTracker, the MySuper default option for iQ Super, Nationwide Super and Resource Super members, has posted returns up to 13.5%.

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030.

Retail super funds plan to merge

ANDREW MCKEAN  |  WEDNESDAY, 26 JUL 2023
Centric Super is set to merge with encircle Super following the latter's trustee, Avanteos Investments, announcing the fund's closure.

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities.