New research finds super tax concessions ‘no longer fit for purpose’

The Australia Institute’s latest report suggests the concessions come at a huge cost in foregone revenue and will soon become more expensive than the age pension.

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Super funds on track to deliver ‘high single digit returns’ for FY24

2024 looks to be a competitive year for fund performance, according to SuperRatings, despite April’s sharp pullback.

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Equip unveils ‘fund-wide’ retirement support services

Equip Super has introduced personalised retirement support services to accompany its existing retirement income options.

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Legalsuper’s head of portfolio management jumps ship to ESSSuper

The executive has taken up a new role as investment manager.

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HESTA nabs exec legalsuper for new strategic planning role

The $83 billion fund has bolstered its strategic planning capabilities with the creation of a new role.

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Super executives on King’s Birthday Honours List 2024

| By Rhea Nath |

Several members of the superannuation industry have been recognised in this year’s list of honourees.

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RBA prepared to raise rates if inflation remains sticky

RBA governor Michele Bullock says the bank is prepared to lift rates again if inflation proves stickier than expected.

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Sluggish GDP growth cause for concern

Outside of the pandemic years, GDP in the March quarter delivered the slowest rate of annual growth in three decades.

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EQT offloads SAF administration to SuperConcepts

The superannuation trustee business has hit a key milestone in its bid to achieve synergy following its acquisition of Australian Executor Trustees (AET).

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Active Super misled investors on ESG credentials, court finds

ASIC commenced civil penalty proceedings against the $13.5 billion fund last year over allegations it misrepresented to the market that it was an ethical and responsible superannuation fund.

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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. ...

1 year 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 months 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 ...

1 year 10 months ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

19 hours ago

Australia’s maturing superannuation system delivers higher balances, fewer duplicate accounts and growing female asset share, but gaps and adequacy challenges remain....

23 hours ago

Global volatility and offshore exposure have driven super funds to build US-dollar liquidity buffers, a new BNY paper has found....

23 hours ago