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Superannuation

Performance test comms criticised

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
ASIC is warning super trustees to ensure they communicate upcoming performance test outcomes correctly to members, saying some of the funds that failed the test last year also failed to adequately inform members.

Super trustees face rough seas ahead: Byres

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
In a speech at the Trans-Tasman Business Circle 'Meet the regulators' event, APRA chair Wayne Byres said to expect the performance of super trustees to continue to be the subject of intense scrutiny.

Apollo secures Hostplus mandate

ANDREW MCKEAN  |  FRIDAY, 24 JUN 2022
Apollo Global Management has entered a strategic partnership with Hostplus to launch an Asia Pacific credit strategy.

TWUSUPER awards bond mandate

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
The $6.3 billion industry fund has handed down a global bond mandate as it aligns its investments to the objectives of the Your Future, Your Super regime.

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
Active Super has launched a Super Booster reward program to accelerate the growth of members' super balances.

You can't have it all: Retirement income strategies

JAMIE WILLIAMSON  |  THURSDAY, 16 JUN 2022
While greater availability of retirement income products is a positive, the three objectives of these products as set out in legislation don't necessarily reflect members needs or desires.

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
The prudential regulator has clarified Canberra's Your Future, Your Super performance test by adding new answers to its website.

Colonial reveals Australia's huge untapped workforce

ANDREW MCKEAN  |  THURSDAY, 16 JUN 2022
The Colonial First State Unleash Your Second Half report stated Australia has a huge untapped workforce of older Australians who would delay retirement for up to 10 years if they were able to switch careers.

The first 30 years: Super's biggest changes

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JUN 2022
Choice of fund, shrinking investment horizons and the sheer size of the super industry have been pinpointed as the biggest changes of the last 30 years.

AustralianSuper changes admin fees

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
AustralianSuper is aiming to reduce costs to members by $300 million this year, including lowering administration fees for some members.