The Aussie funds in this year’s Global Top 300

Merger activity in the Australian superannuation industry means the country has 16 funds included in the top 300 global pension funds, according to WTW, including two new entrants this year.

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Funds SA appoints new CEO

After a seven-month search for a new chief executive, the $40 billion investment corporation owned by the Government of South Australia has announced a new CEO.

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ASIC sues AustralianSuper over 90k multiple member accounts

ASIC has sued the trustee of AustralianSuper, alleging failures by the fund to address 90,000 multiple member accounts for a decade at a cost to members of $69 million.

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ART CEO to depart

Bernard Reilly, chief executive of Australian Retirement Trust, is to depart the fund in February 2024.

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No time frame offered by government on paying super on PPL

While reiterating the measure is a priority and will be assessed from budget to budget, Labor has stopped short of offering a specific time frame on when they might pay super on paid parental leave.

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Strong future for medium-sized funds: Equip CEO

Equip Super’s recent performance represents the strong future of medium-sized funds, says chief executive, Scott Cameron, as the fund sets sights on $50 billion FUM.

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Rest backs renewable energy fund from Octopus Australia

Rest has announced a new investment in renewable energy developer and fund manager Octopus Australia.

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Cbus reshapes executive team

The $85 billion fund has announced a number of senior appointments, including a new COO, CTO, and deputy CIO, as it works towards delivering a refreshed strategy.

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NGS Super bolsters strategic partnership capabilities

The $14 billion fund has welcomed Carson McNamara as head of strategic partnerships to lead its newly created team of strategic partnership managers.

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Super trustee scrutiny expected as FAR passes Parliament

Parliament has passed the Financial Accountability Regime, a recommendation from the Hayne royal commission, which will impose stronger accountability on super trustees.

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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 8 months ago
Kevin Gorman

Super director remuneration ...

1 year 9 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 9 months ago

The Future Fund’s CIO Ben Samild has announced his resignation, with his deputy to assume the role of interim CIO. ...

22 hours ago

ASIC has warned that practices across the $200 billion private credit market are inconsistent and, in some cases, require serious improvement....

22 hours 14 minutes ago

The fund has unveiled reforms to streamline death benefit payments, cut processing times, and reduce complexity....

22 hours 24 minutes ago