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Superannuation

Platform funds, mega funds to dominate: Mercer

KARREN VERGARA  |  MONDAY, 23 MAR 2026
A new Mercer report predicts platform funds, with a median $250,000 balance, and mega funds, with over $100 billion in assets, will dominate the superannuation landscape and overtake the 'retail versus industry fund' debate.

FSC questions SMC's claim on younger members' super switches

RIDDHIMA TALWANI  |  MONDAY, 23 MAR 2026
The Financial Services Council has questioned Super Members Council's recent research which found a spike in younger members switching out of industry funds into platform products and SMSFs.

AustralianSuper says no to leveraged gains, yes to stability

RIDDHIMA TALWANI  |  FRIDAY, 20 MAR 2026
AustralianSuper independent chair Don Russell used his panel at the ACSI conference in Sydney to clarify its call to abolish the ban on superannuation funds from borrowing money or issuing debt.

First Super switches out group insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 MAR 2026
First Super has negotiated a mandate with a new group insurer that will see most of its members pay less for their cover.

Treasury opens Div 296 tax regulation consultation

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
Treasury has laid out its proposed taxation regulations surrounding the new Division 296 superannuation tax and is seeking industry feedback.

'We've let our members down': Watson

ELIZA BAVIN  |  TUESDAY, 17 MAR 2026
Outgoing First Super chief executive Bill Watson says he fears the superannuation industry is going backwards.

Aware, TelstraSuper take final steps towards merger

JAMIE WILLIAMSON  |  MONDAY, 16 MAR 2026
With a signed successor fund transfer deed, Aware Super and TelstraSuper are now just a couple of months out from merging.

Perpetual CIO jumps to Pinnacle

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
Perpetual's former chief investment officer is set to join a new Pinnacle Investment Management venture.

Prime Super picks new asset consultant

JAMIE WILLIAMSON  |  THURSDAY, 12 MAR 2026
Prime Super has ended its long-standing relationship with PATRIZIA, appointing a new asset consultant in its place.

Aussie super funds eye global partnerships at US summit

RIDDHIMA TALWANI  |  WEDNESDAY, 11 MAR 2026
A delegation of Australian superannuation funds will meet with global and economic leaders in the US in a bid to forge international partnerships.