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Superannuation

Cost-of-living worries drain retirement confidence: MFS

KARREN VERGARA  |  TUESDAY, 17 DEC 2024
Most Australians will not be able to retire at the age they want as managing finances amid the cost-of-living crisis dampens their confidence, a survey from MFS Investment Management found.

ISPT joins IFM Investors

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
Unlisted property fund manager ISPT has integrated into fellow industry superannuation-owned business IFM Investors, with its chief executive, Chris Chapple, to take on a new leadership role.

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Hostplus has released its inaugural Service Standards Report to support transparency, showing some of its response times lag industry standards.

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
Challenger will take over Active Super's Guaranteed Income offering after it was determined transferring these member accounts to Vision Super would not be in their best interests.

Funds are 'getting back to basics', says report

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Global public pension funds and sovereign funds are refocusing on generating long-term returns, generally targeting opportunities in private markets, emerging markets, and green assets, according to the Official Monetary and Financial Institutions Forum ...

Top superannuation policy priorities for 2025: SMC

ANDREW MCKEAN  |  TUESDAY, 10 DEC 2024
Super Members Council (SMC) has set out its key policy priorities in 2025 to further strengthen the superannuation system.

Superannuation tax shakeup proposed by Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 9 DEC 2024
A discussion paper commissioned by the Actuaries Institute has proposed a three-pronged tax reform package aimed at making the superannuation system less complex, more equitable, and sustainable.

UniSuper has 'some work to get on with' on cyber front: Chair

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
UniSuper's leadership team has touched on how the fund is strengthening its operations following the extensive system outage in May this year.

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
Lax superannuation laws make it too easy for perpetrators of domestic violence to access victims' retirement savings, while the current framework for self-managed super funds (SMSFs) enables financial abuse to flourish, a parliamentary inquiry found.

MLC trustees to pay $65m in MySuper class action settlement

JAMIE WILLIAMSON  |  FRIDAY, 6 DEC 2024
MLC will pay close to $65 million to settle a class action that alleged it delayed transferring more than 300,000 members to the cheaper MySuper option.