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Superannuation

Cbus vows faster death benefit payouts

KARREN VERGARA  |  TUESDAY, 16 SEP 2025
After being caned by ASIC for making beneficiaries wait for more than 90 days to receive a death benefit, Cbus is vowing to pay them faster.

Aware Super makes fee changes

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
Aware Super has unveiled a slew of investment and administration fee changes for members.

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
AMP has agreed to pay $120 million but will not make any admission of liability.

SMC calls for greater protections against financial abuse of older Australians

ANGELIQUE MINAS  |  MONDAY, 15 SEP 2025
SMC highlights how vulnerable older Australians' retirement savings are at risk from financial abuse.

Retirees unfairly targeted by tax: HESTA

ELIZA BAVIN  |  FRIDAY, 12 SEP 2025
HESTA is calling on the government to index the Work Bonus payments thresholds to Average Weekly Ordinary Time Earnings and simplify the Age Pension Tax Offset rules.

NGS Super moves to make admin fees more equitable

JAMIE WILLIAMSON  |  THURSDAY, 11 SEP 2025
About 80% of NGS Super members will benefit from fee savings when it transfers its administration function to Grow Inc. next month. However, Income account members will pay more.

Retirement lifestyle costs continue to rise: ASFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
According to the Association of Superannuation Funds of Australia's (ASFA) quarterly Retirement Standard, most couples around 65 wishing to live a comfortable lifestyle in retirement would need $75,319 per year.

Brighter Super to add 68k new members

JAMIE WILLIAMSON  |  WEDNESDAY, 10 SEP 2025
Brighter Super is about to undertake a successor fund transfer that will see its membership swell by 25%.

Super funds break records, inactive accounts balloon

KARREN VERGARA  |  WEDNESDAY, 10 SEP 2025
As superannuation fund assets continue to hit record highs, with AustralianSuper leading the pack at $387.6 billion, the number of inactive accounts is also ballooning, APRA's latest statistics reveal.

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
Senator Andrew Bragg said the Coalition is looking to ditch its controversial super for housing policy.