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Superannuation

Brighter Super, QIC Ventures invest in ProcurePro

KARREN VERGARA  |  TUESDAY, 12 MAY 2026
Brighter Super and QIC Ventures have backed ProcurePro, a digital procurement platform, boosting the startup's value to more than $100 million.

Senate report backs removal 30-hour work threshold for SG

VINNY VUCAGO  |  TUESDAY, 12 MAY 2026
A Senate Economics Legislation Committee report released this week expressed in principle support for paying super on every dollar earned, including removing the existing 30 hour per week threshold that currently applies to under 18 workers.

Super funds welcome UK's Supers Unit to push investments

RIDDHIMA TALWANI  |  TUESDAY, 12 MAY 2026
The Australian superannuation industry has welcomed the creation of a dedicated Supers Unit by the UK government, which will prove as a point of contact to help funds identify and progress investment opportunities in the UK.

legalsuper announces C-suite changes

VINNY VUCAGO  |  MONDAY, 11 MAY 2026
legalsuper has named an interim chief executive as it continues its search for a permanent replacement and appointed a chief member officer.

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
New Zealand needs to reform its pension sector, increasing the age at which retirement savings can be accessed and no longer taxing those savings, according to the Organisation for Economic Co-operation and Development (OECD).

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Treasury is addressing benchmarking-hugging incentives encouraged by the superannuation performance test in a new round of consultations that aim to overhaul several "unintended consequences" it has created over the last five years.

Vision Super to close Diversified Bonds option

KARREN VERGARA  |  WEDNESDAY, 6 MAY 2026
Vision Super is shutting its $24.5 million Diversified Bonds investment option due to low member demand.

Rest calls on government to fix 'motherhood penalty'

VINNY VUCAGO  |  TUESDAY, 5 MAY 2026
New insights from Rest Super highlights the ongoing impact of the "motherhood super penalty", with women continuing to fall behind in retirement savings.

Unpaid super costs workers $24.4bn: SMC

VINNY VUCAGO  |  MONDAY, 4 MAY 2026
Australians missed out on $24.4 billion in unpaid superannuation in the past five years to 2023, reinforcing the need for Payday Super, the lobby group says.

Cbus members to see 46% increase in insurance fees

ELIZA BAVIN  |  MONDAY, 4 MAY 2026
Cbus told Financial Standard the increase is due to rising insurance costs across the industry.