Cbus announces successful merger with EISS Super

Cbus would welcome 17,000 new members and now manage some $80 billion in retirement savings on behalf of over 900,000 members.

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Super members’ intention to switch funds hit record high

Investment Trends data has found super members’ appetite to switch funds has surged to a 13-year high, with some 9 per cent intending to switch in the next 12 months.

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Smaller funds penalised by ‘blunt’ APRA fee measurement

Smaller super funds with lower average member balances are being penalised by APRA’s “blunt” measurement of their fund fees, according to Prime Super.

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AusSuper issues $70m member refund after processing failure

AustralianSuper will remediate around $70 million to 100,000 members after a review discovered the fund had failed to identify every instance of multiple member accounts.

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Do super funds get wrapped up in the ‘feel-good ESG blanket’?

There could be political resistance to ESG if super fund members feel they are given a lack of choice when it comes to their investments, according to this political science professor.

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Problematic companies cannot be ‘divested away’: HESTA

HESTA chief executive, Debby Blakey, has warned companies and superannuation funds cannot just “divest away” problem companies and should be pushing them for improvements.

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Budget 2023: Spending limit thwarts Govt's abilities on paid parental leave

“There's a limit to what we can do in the equity agenda,” said Stephen Jones.

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Equities drive strong market performance in April

Super funds look on track to deliver strong absolute returns by the end of the financial year, though inflation continues to pose an ongoing challenge, according to SuperRatings.

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Budget 2023: SMSF Association calls for extended $3m super consultation

The SMSF Association has pushed the government to re-open its consultation into the higher tax rate for members with more than $3 million in their total super balance.

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Budget 2023: Thumbs up from super but missed opportunities

Super funds and organisations have given a thumbs up to Treasurer’s Jim Chalmers’ federal budget but highlighted opportunities to improve the gender super gap were missed.

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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

The rollout of further tariffs in the US from August is expected to decrease economic growth in the US in the longer term, AMP and asset managers warn....

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Superannuation funds have posted another year of strong returns, but this time, the gains weren’t powered solely by Silicon Valley....

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Australia’s $4.1 trillion superannuation system is doing more than funding retirements – it’s quietly fuelling the nation’s productivity, lifting GDP, and adding thousand...

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