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Superannuation

Iress to take admin reigns at ESSSuper

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
After more than two years in the making, ESSSuper will officially cease as its own administrator in March 2022 and hand the function over to Iress.

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.

Government fails to prioritise $450 threshold

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.

AustralianSuper, Club Plus complete merger

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
AustralianSuper has welcomed almost 60,000 new members following the completion of its merger with Club Plus Super.

Aware Super, VISSF finalise merger

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
Aware Super has completed the successor fund transfer to finalise its merger with the Victorian Independent Schools Superannuation Fund (VISSF).

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
The $11 billion Australian Catholic Superannuation has committed to explore a merger with $105 billion industry fund UniSuper.

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio.

Hostplus, Intrust merger complete

KARREN VERGARA  |  MONDAY, 29 NOV 2021
Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May.

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
New research reveals that default workplace superannuation funds achieved the best average returns of 18.8% in the last 34 years.

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
The Retirement Income Covenant's introduction to parliament yesterday has been welcomed by major industry bodies.