RecruitmentSuper has entered into an arrangement with large health insurer MBF to provide a health insurance package to members.
Under the arrangement, new members of RecruitmentSuper will not be subject to the usual waiting periods for coverage by MBF.
The fund said that the health insurance provided by MBF would be offered at competitive rates to members of the fund.
The Super Members Council (SMC) has called for streamlined super reporting to cut costs, boost investment flows, and strengthen retirement outcomes.
AustralianSuper’s reliance on unlisted assets dragged on performance over the past year, as the rally in listed markets left funds more heavily weighted to equities outperforming their peers.
IFM Investors has urged for government-industry collaboration to accelerate projects, unlock capital, and deliver long-term returns for Australians.
With super funds turning increasingly to private credit to lift returns, experts have cautioned that the high-yield asset class carries hidden risks that are often misunderstood.