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Superannuation

AustralianSuper breaks into world's top 20 pension funds

CASSANDRA BALDINI  |  TUESDAY, 6 SEP 2022
The superannuation giant has jumped two places in a global survey of pensions and now ranks number 20 with total assets of US$169 billion.

Not enough being done to fix super gap: AIST

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
In opening the Australian Institute of Superannuation Trustees' Conference of Major Super Funds, chief executive Eva Scheerlinck lamented the glacial pace of change for women when it comes to superannuation.

Super fund disclosure rules finalised

ANDREW MCKEAN  |  MONDAY, 5 SEP 2022
Regulations relating to requirements for superannuation funds to disclose expenditures with the Annual Member's Meeting notice have been updated.

Active Super reaffirms commitment to regional members

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
Home to more than 12% of its members, Active Super has opened a new office to service Newcastle and the Central Coast, with chief executive Phil Stockwell saying the importance of regional and rural New South Wales to the fund can't be downplayed.

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
Marking the 30th anniversary of compulsory superannuation, new data shows that 85% of people have accumulated super for their retirement and 75% of retirees are satisfied with their financial security.

Legalsuper launches new member portal

CHLOE WALKER  |  WEDNESDAY, 31 AUG 2022
The industry super fund has teamed up with Link Group to create a new cloud-based online portal, using real-time data to connect with members.

Four MySuper products fail for second time: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
Five MySuper products have failed the second annual MySuper performance test, with four of them failing for a second time.

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
While the annual Your Future, Your Super performance test is focused on stamping out underperformance, its impact on industry consolidation is likely already shifting, according to KPMG.

Spirit Super consortium withdraws from port acquisition

ANDREW MCKEAN  |  TUESDAY, 30 AUG 2022
The Spirit Super and Palisade Investment Partners Consortium has not proceeded with its Port of Geelong acquisition, withdrawing its request for merger clearance from the ACCC.

Hostplus expands Industry Fund Services mandate

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
Following a review, Hostplus has retained Industry Fund Services as its financial advice provider ahead of expanding its intra-fund and personal advice services.