AustralianSuper taps TAL for new ‘income for life’ retirement option

The $300 billion fund has announced the development of a new flexible lifetime income option in partnership with TAL.

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Mega fund sharpens focus on AI amid technological transformation

One of Australia’s largest funds is embracing generative artificial intelligence in its latest technological transformation, which includes the establishment of a dedicated AI engineering team.

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Former APRA deputy chair joins ART board

The mega fund has announced two new appointments to its board, including the former deputy chair of the prudential regulator and a former secretary to the Australian Treasury.

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Super returns climb for fourth month in a row

New data indicates a continued upward trajectory in fund returns, notching a considerable 9 per cent since November.

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Bullock quashes claims of RBA’s ‘pivot to neutral’ though economists remain optimistic

The Reserve Bank of Australia has held rates in its March meeting, but for the first time in a while, economists rejoiced in a perceived “dovish” tone from the bank.

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RBA makes second rate call of 2024

The central bank has announced its second interest rate decision since a major revamp.

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Government consults on $3m tax calculation amendments

Treasury is calling for submissions on its draft regulations in relation to the calculation of the proposed Division 296 tax.

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Mercer flags super funds’ ‘underdeveloped’ Choice menus

There is a need for Australia’s superannuation funds to simplify their investment menus, according to the firm, given over a third of funds have more than 30 options, of which one or more are “arguably subscale”.

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Morningstar increases scope to superannuation ratings

The research house is set to offer research ratings of superannuation funds for the first time amid growing demand from financial advisers.

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How is ART navigating its portfolio exposures to China?

Australia’s second-largest super fund has explained its approach to the Asian giant and how it is balancing underlying risk, adding that avoiding China altogether may not be a “doable strategy”.

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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. ...

4 months 3 weeks ago
Kevin Gorman

Super director remuneration ...

4 months 3 weeks ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

4 months 3 weeks ago

Superannuation funds have thrown their support behind the QAR reforms but want a “clear statement” that they will not be required to check all member SOAs....

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Amid Australians’ growing penchant for seamless digital experiences, an industry professional believes the most successful superannuation funds will be looking to leverag...

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With sticky inflation plaguing Australian and global markets, super funds have seen their first negative monthly return since October 2023....

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