POWERED BY MOMENTUM MEDIA
Equity Trustees sees 29% growth in funds under supervision
The superannuation trustee business has announced a 29 per cent growth in funds under supervision to $44.8 billion in the financial year 2023, up from $34.7 billion in the previous year.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
APRA identifies 2023–24 super priorities
Improving superannuation transparency and increasing focus on retirement outcomes are among APRA’s strategic priorities for super in 2023–24.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Hostplus completes Maritime Super merger
Hostplus has completed its merger with Maritime Super, bringing its total funds under management to more than $100 billion.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
Govt opens second objective of superannuation consultation
The government has released further exposure draft legislation on the proposed objective of superannuation, reflecting feedback received from its first consultation earlier this year.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Aware Super introduces live transaction tracking
The super fund has created a new feature on its app where members can track the progress of their transactions in real time, updating paper-based processes.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
Markets underpricing risk, warns Future Fund
Posting a 6 per cent return for the financial year 2023, Australia’s sovereign wealth fund has positioned its portfolio slightly below neutral setting, warning markets are underpricing significant economic and geopolitical risks.
AUTHOR
Rhea Nath
Rhea L Nath is a journalist on Super Review and InvestorDaily, with a focus on funds management, superannuation, and institutional investment. Previously, she covered small business and entrepreneurship news at Dynamic Business and multicultural issues at Indian Link Media Group. In 2022, she was named Young Journalist of the Year at the NSW Premier’s Multicultural Communications Awards.
Super funds decrease property allocations
Allocations to property are one of two classes that have seen decreases in their super allocations, according to latest APRA data, while infrastructure allocations have risen almost 20 per cent.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
ART notes widening performance gap with QSuper portfolio
Australian Retirement Trust has noted there is a widening performance differential between its ART Super Savings and QSuper portfolios.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
TelstraSuper announces aged care advice offering
TelstraSuper is now offering its members specialist advice on aged care funding.
AUTHOR
Laura Dew
Laura Dew is editor at Super Review. Prior to joining SR, she spent five years working at Investment Week in the UK covering asset and wealth management.
APRA’s performance test sees 96 trustee directed products fail
APRA has announced 96 trustee directed products and one MySuper product failed to meet the benchmark of its 2023 superannuation performance test.
AUTHOR
Jasmine Siljic
Jasmine Siljic is a journalist at Super Review. Prior to joining SR, she also worked across other Momentum Media brands as an intern and cadet journalist. She recently completed a Bachelor of Media and Communications at Macquarie University.
