Aware Super members with minimum account balances of $15,000 can now invest a portion of their super dir
Australian Retirement Trust and AustralianSuper are understood to be working together on how the two largest super funds can best help their members with advice.
APRA is worried that it “cannot be confident” that super fund trustees are adequately implementing the Retirement Income Covenant, and work is needed on three key areas.
Some 15,000 super fund members have signed up for a lawsuit against QSuper, alleging they were wrongly charged excessive premiums for their life insurance policies.
A leading superannuation fund chief executive has been named as Fund Executive of the Year by the Fund Executive Association Ltd.
As generative AI evolves in its capabilities, the member communications of Australia’s biggest super funds could become more tailored and sophisticated.
The $74 billion super fund’s 2022 progress report reveals women are occupying a greater number of senior investment management roles at firms that HESTA works with, in line with its own internal targets.
A national industry association has called for changes to the superannuation system, proposing a portion of these retirement savings be directed towards funding the individual’s aged care.
The $85 billion fund has appointed Leigh Gavin, former head of investment model design at AustralianSuper, to lead its portfolio strategies.
With less than 10 per cent of Carer Payment recipients accumulating super while performing unpaid caring work, KPMG has proposed super guarantee contributions on these payments could boost retirement balances by $123k.