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Superannuation

UniSuper caps future investment in fossil fuels

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2022
The board of UniSuper has imposed a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal.

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
According to new data, this year could be the most challenging in recent history to retire.

Aware Super launches $7 billion property arm

CASSANDRA BALDINI  |  THURSDAY, 8 SEP 2022
Aware Super has launched its real estate arm and intends to hold $7 billion in assets within five years.

BFID no hindrance to helping vulnerable members: Panel

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
More needs to be done to protect the super sector's most vulnerable members, with the Conference for Major Super Funds being told that doing so would be a breach of the best financial interest duty is a myth.

Super wars not over: Swan

CHLOE WALKER  |  WEDNESDAY, 7 SEP 2022
Appearing on a panel at the Conference for Major Super Funds, Cbus chair Wayne Swan warned the industry has a fight on its hands when it comes to big structural reforms moving forward.

SMSFA calls for budget amendments

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
The SMSF Association is urging Canberra to address legacy pensions and extend the temporary absence rule for non-residents in its first budget.

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
Appearing as part of a panel at this year's Conference of Major Super Funds, Brighter Super chief executive Kate Farrar explained the process her team went through in merging with Energy Super, sharing the things she thinks they got right.

Aware Super director wins Trustee of the Year

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
Aware Super board director Roslyn Ramwell has won AIST's 2022 Trustee of the Year Award.

Affordable housing super's Achilles' heel: Weaven

CHLOE WALKER  |  TUESDAY, 6 SEP 2022
Appearing at the Conference of Major Super Funds (CMSF), industry stalwart Gary Weaven said he expects the super sector will struggle with the national homelessness crisis and lack of affordability over the coming 30 years.

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
HESTA has notified AGL, Origin, Santos and Woodside that they've been placed on a watchlist under the fund's engagement escalation framework.