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Superannuation

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year.

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
Brighter Super also announced double-digit returns for its Balanced and Growth accumulation options.

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The UK government plans to introduce a 'value for money' test for workplace pension schemes and mandate them to offer retirement products, as it looks to ensure Brits retire with more.

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
The real estate industry super fund's MySuper option returned 9.34% last financial year. The results come as it launches a new growth investment option.

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
Equip reported 9.23% return for its Balanced Growth option and 12.12% for its Growth Plus option.

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Qantas Super is poised to merge with $300 billion industry fund Australian Retirement Trust (ART).

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
Fiducian Portfolio Services has been slapped with additional licence conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test.

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
Spirit Super, which is on track to be the successor fund to CareSuper after a planned merger this year, has replaced its custodian, NAB Asset Servicing.

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
In addition, the super fund announced changes to its tax parcelling options.

TelstraSuper pumps more into renewables

JAMIE WILLIAMSON  |  MONDAY, 15 JUL 2024
The $27 billion super fund is on track to have 1% of its assets invested in climate initiatives.