Room for improvement on defining ‘sustainable’ in super objective: RIAA

While broadly agreeing to the objective of super exposure draft legislation, RIAA has called for the definition of ‘sustainable’ to look beyond just financial sustainability for Australia’s retirees.

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Industry super remains vocal on Voice referendum

As the Voice to Parliament referendum draws near, Super Review has rounded up the super funds that have spoken up for the measure, which include some of Australia’s largest funds.

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Super veteran takes helm at ASFA

The board of the Association of Superannuation Funds of Australia has announced an experienced super fund CEO as its new interim chief executive, succeeding Gary Dransfield who has been re-appointed as chair.

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CBA Group Super updates on ART merger plans

CBA Group Super has provided an update on its planned merger with Australian Retirement Trust and the date members can expect to transfer over.

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ASIC and APRA begin joint administration of FAR regime

The regulators have published an information package as they commence joint administration of a new Financial Accountability Regime, which passed in Parliament in September.

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Investment promotions at Rest and TelstraSuper

Rest and TelstraSuper have both made promotions in their investment teams while First Super has made a board appointment.

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Former legalsuper CEO joins wealth fintech

Andrew Proebstl, chief executive at legalsuper for almost two decades, is set to join the advisory board of a burgeoning investment app Tanggram as it expands its offerings into super.

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YFYS test spurs funds to review their investment menus

As trustees grapple with increased performance scrutiny from APRA alongside offering a variety of member investment options, industry experts expect to see consolidation of Choice products ramp up in the years ahead.

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Government releases $3m super tax reform draft legislation

The Federal Government has released exposure draft legislation towards doubling the concessional tax rate for super balances exceeding $3 million.

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Super’s biggest people moves in Q3 2023

With a flurry of C-level executive departures and hires in Q3 2023, Super Review has compiled the most noteworthy people moves in the superannuation industry over the last three months.

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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 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 7 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 7 months ago

Global investor sentiment is becoming “toppy”, but overweight positions on equities are yet to reach extreme levels, according to a recent Bank of America survey....

10 hours 43 minutes ago

Rest Super remains “fully committed” to equities, even as it anticipates higher market volatility than experienced in previous decades....

10 hours 48 minutes ago

Australian superannuation funds have again generated strong returns for FY25, with the median growth fund returning 10.5 per cent for the year, according to Chant West. ...

10 hours 56 minutes ago