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Superannuation

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The $14 billion industry fund, NGS Super, has made some changes to investment options - including closing its socially responsible option - and altered fees.

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
Colonial First State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees.

EQT wins AFL Players' Association mandate

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
Equity Trustees will now manage the $150 million AFL Players' Association Retirement Account.

LGIAsuper expands leadership as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
LGIAsuper has finalised its acquisition of Suncorp's superannuation business, adding to its executive team in the process.

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it.

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
APRA has named the superannuation funds it believes face immediate sustainability issues, with 38 of 78 funds declining on all metrics measured.

More super, less tinkering: ASFA

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
The Association of Superannuation Funds of Australia (ASFA) today released research which found 81% of Australians believe more money should be saved for their retirement, not less.

AvSuper marks strong EOI response, adds to board

JAMIE WILLIAMSON  |  MONDAY, 28 MAR 2022
Over 75% of the superannuation funds invited to take part in AvSuper's expression of interest process have done so, the fund says, as it welcomes an industry stalwart to its board to assist with the process.

More Diversa super products to wind up

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
Citing members' best interests, the trustee is closing several of OneSuper's sub-plans due to lack of scale.

UniSuper makes venture capital play

ELIZABETH MCARTHUR  |  THURSDAY, 24 MAR 2022
UniSuper, the $106 billion industry fund, has made an investment with a venture capital fund manager.