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.

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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.

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Hostplus completes Maritime Super merger

Hostplus has completed its merger with Maritime Super, bringing its total funds under management to more than $100 billion.

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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.

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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.

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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.

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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.

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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.

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TelstraSuper announces aged care advice offering

TelstraSuper is now offering its members specialist advice on aged care funding.

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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.

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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 ...

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The US remains a standout destination for innovation and commercialisation, according to MLC Asset Management chief investment officer Dan Farmer....

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Hostplus’ MySuper Balanced option delivered significantly stronger returns in 2024–25, bouncing back from the previous year when its cautious stance on listed markets cam...

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