Large Catholic schools and church superannuation fund the Catholic Superannuation and Retirement Fund is to go public offer after being granted a public offer Registrable Superannuation Entity by the Australian Prudential Regulation Authority.
The fund said it applied for the public offer licence in response to many membership enquiries from friends and families of current members.
The fund’s chief executive, Greg Cantor, said the granting of the licence meant Catholic Super was able to offer its retirement and superannuation services to the wider Catholic community.
He said that as a result of choice of fund, public offer licences were becoming crucial to remaining competitive.
Following the roundtable, the Treasurer said the government plans to review the superannuation performance test, stressing that the review does not signal its abolition.
The Australian Prudential Regulation Authority (APRA) has placed superannuation front and centre in its 2025-26 corporate plan, signalling a period of intensified scrutiny over fund expenditure, governance and member outcomes.
Australian Retirement Trust (ART) has become a substantial shareholder in Tabcorp, taking a stake of just over 5 per cent in the gaming and wagering company.
AustralianSuper CEO Paul Schroder has said the fund will stay globally diversified but could tip more money into Australia if governments speed up decisions and provide clearer, long-term settings – warning any mandated local investment quota would be “a disaster”.