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Superannuation

Rest firms up net zero pathway

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Industry fund Rest has released its roadmap to net zero and scenario analysis on the impact of climate change on investment returns.

Industry funds partner with AMP Capital

ELIZABETH MCARTHUR  |  THURSDAY, 21 OCT 2021
Cbus Property and UniSuper have invested with the AMP Capital Retail Trust, as AMP Capital demerges its private markets business, making a $2.2 billion move in the retail space.

Default MySuper fees drop to 1%: Rainmaker

JAMIE WILLIAMSON  |  WEDNESDAY, 20 OCT 2021
New analysis from Rainmaker Information shows about 60% of all MySuper products reduced their fees last financial year, with the average fees paid by members now sitting at 1%.

Australia improves super system quality

KARREN VERGARA  |  WEDNESDAY, 20 OCT 2021
The quality of Australia's superannuation system made marginal improvements and scored highly for its integrity and sustainability, according to a global study.

Colonial First State seeks MySuper redemption

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
After failing to meet APRA's inaugural performance test, Colonial First State (CFS) has appointed BlackRock to run strategies across its two MySuper funds.

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
APRA is keeping its watchful eye on superannuation funds' preparedness for the new remuneration standards that take effect in 2023.

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
ASIC issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds.

Industry slams Future Fund disclosure exemption

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
The super industry is calling for mandated consistency on portfolio holdings disclosure after it was recommended the Future Fund be exempt from disclosing commercially sensitive information.

Super system "frayed": Hume

ELIZABETH MCARTHUR  |  FRIDAY, 15 OCT 2021
Minister for financial services Jane Hume said that the superannuation system in Australia has frayed edges in need of repairs, during a speech at the World Pension Summit 2021.

AustralianSuper acquires Qantas site

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
As part of a consortium, AustralianSuper will acquire a 14-hectare redevelopment site from Qantas Airways worth $802 million.