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Superannuation

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan fronted a parliamentary hearing today, hitting back at questions put to him about fund governance and payments made to the CFMEU.

Total super assets hit $4tn milestone

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
Total superannuation assets increased by 3.7% over the quarter to hit $4 trillion as at September 2024.

Brighter Super makes fee, death benefit changes

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Brighter Super is reducing administration fees from January 1, while also introducing a weekly account keeping fee. It's also changing the way death benefits are dealt with.

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Super funds are leading the way when it comes to investing in private assets, according to Morningstar's 2025 outlook.

Hostplus ups fees, makes $125m investment

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Hostplus has increased its investment fees and costs for FY23/24 and announced a further $25 million investment.

$3m super tax faces uncertain future

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
As the Albanese government rushes to get legislation through before year-end, it appears the $3 million superannuation tax could get left behind.

Super funds set renewables targets

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
The super sector is making moves to encourage greater investment in Australia's renewables transition, but a new research tool revealed many super funds' investments are not lining up with the Paris Agreement.

Swan tells Bragg he won't front parliament

ELIZA BAVIN  |  MONDAY, 25 NOV 2024
Cbus chair Wayne Swan has declined Andrew Bragg's invitation to face a grilling by the Senate Economics Committee.

Performance the best member retention tool: Mine Super

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
Appearing on a panel discussion at the ASFA Conference on Thursday, Mine Super chief executive Vasyl Nair said superannuation funds should not prioritise glamourising offerings, but instead focus on simply improving performance.

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
The super fund said it would soon start a program to compensate beneficiaries whose death benefit claims took longer than the fund's internal target handling time.