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Strong July growth fund returns boosted by energy sector
Super funds have seen a promising start to the new financial year, with the median growth fund returning 1.5 per cent in July driven by strong listed sharemarket performance.
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.
Rest closes 2 investment options to new members
Rest has announced it will close its bonds and shares options to new members from 30 September 2023.
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.
Former adviser has assets frozen amid ASIC super fees investigation
ASIC has commenced “urgent proceedings” in the Federal Court of a former Sydney financial adviser regarding fees charged to clients' superannuation.
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.
Female Rest members benefit from SG threshold changes
Since the removal of the $450 monthly income threshold for super contributions last July, almost 170,000 female Rest members are receiving more in their super.
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 secures retirement housing deal
After acquiring full ownership of Oak Tree Retirement Villages, the super fund has become one of Australia’s largest owners of retirement living assets.
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.
CFS hires AustralianSuper portfolio manager
Colonial First State has appointed John Iles, a former portfolio manager at AustralianSuper, as its new head of cash management and derivatives.
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.
Total super assets rise 7.6%
After reporting slower growth in the March quarter, total superannuation assets have risen by 7.6 per cent over the past year to surpass $3.5 trillion at the end of June 2023.
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 signs $4.3bn Woolworths SFT
Australian Retirement Trust has signed a successor fund transfer with Woolworths Group and Endeavour Group to hit $260 billion, with the firm moving over from AMP.
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.
Iress sees strong H1 performance from super
Financial technology firm Iress says superannuation has seen a 20 per cent growth in revenue in the first half of 2023.
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.
Legalsuper COO departs amid executive restructure
Legalsuper has announced structural changes to its executive team, resulting in the departure of chief operating officer and former interim chief executive Trevin Erichsen.
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.
