Super fund CEO to retire

The chief executive of one of Australia’s major superannuation funds is to retire in May as the board moves to focus away from mergers and towards organic growth.

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AAT refuses adviser’s stay application on ASIC ban

A ban on Jeneve Matai, head of advice for the superannuation team at National Advice Solutions, has been refused by the Administrative Appeals Tribunal.

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Government cracks down on unpaid super

Employers could face civil penalty actions if they fail to make superannuation payments to their staff under legislation to be introduced to Parliament this week.

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One in four women ‘ripped off’ by quarterly super

Paying super on payday, rather than quarterly, could support 1 million women’s retirement savings, says ISA.

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Unclaimed super rises to $16b despite consolidation efforts

Around a quarter of Australians still hold two or more superannuation accounts despite consolidation efforts, with unclaimed super rising by $2.1 billion.

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HESTA and Aware Super invest in renewable energy platform

The two funds would back Intera Renewables, a newly-established platform that would aggregate five operational renewable energy assets across Australia into a single entity of scale.

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HESTA removes AGL from watch list

Following public criticism last year, improvements to energy firm AGL and a new chief executive mean HESTA has removed the firm from its watchlist.

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Transforming a Government super fund: CSC

Commonwealth Super Corporation has shared how the fund is progressing through its five-year transformation project plus the thinking behind the termination of a planned merger with AvSuper.

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BT to streamline super offerings ahead of Mercer merger

The closure of BT’s Retirement Wrap is part of a streamlining process of its remaining super business not part of the merger, the firm confirmed.

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NGS Super falls victim to cyber attack

Industry super fund NGS Super has revealed it fell victim to a cyber attack earlier this month that resu

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

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Super director remuneration ...

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