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Superannuation

Rest cuts investment options

ELIZA BAVIN  |  WEDNESDAY, 21 AUG 2024
The super fund has cut its investment options down to nine from 15 and updated its investment objectives.

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
The Super Members Council has defended the fit and proper test requirements for board member selection in the super industry.

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
The super fund added three new indexed options and said it will be removing the trustee fee.

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
A group of independent MPs have called for urgent action to the Better Targeted Super Bill.

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
APRA has imposed additional licence conditions on Cbus and BUSSQ over governance concerns in the wake of the CFMEU scandal.

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
The ongoing scandal surrounding the Construction, Forestry, and Maritime Employees Union (CFMEU) has called into question the governance settings within the industry superannuation fund sector, with some suggesting boards no longer require - or benefit ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
CareSuper's MySuper option returned 8.54% for FY24, receiving a boost from its investment in global shares.

ASFA pushes for tax redistribution to benefit low-income workers

ANDREW MCKEAN  |  FRIDAY, 9 AUG 2024
The Association of Superannuation Funds of Australia (ASFA) is proposing to increase support for low-income earners by redistributing the revenue generated from the government's planned additional taxation on superannuation balances above $3 million ...

TelstraSuper fields influx of merger offers

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
After announcing in May that it is looking to merge, TelstraSuper has received "a high level of interest" from its peers.

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024
Nest is establishing an evergreen timberland fund and has its sights set on opportunities in Australia.