Following public criticism last year, improvements to energy firm AGL and a new chief executive mean HESTA has removed the firm from its watchlist.
Commonwealth Super Corporation has shared how the fund is progressing through its five-year transformation project plus the thinking behind the termination of a planned merger with AvSuper.
The closure of BT’s Retirement Wrap is part of a streamlining process of its remaining super business not part of the merger, the firm confirmed.
Industry super fund NGS Super has revealed it fell victim to a cyber attack earlier this month that resu
Some 80% of retirees say they are already negatively feeling the impact of inflation and the majority are concerned it will mean they run out of money, according to Challenger.
The corporate regulator has reiterated its commitment to addressing greenwashing in the superannuation industry since launching court action against Mercer Super last month.
According to Roy Morgan, member satisfaction in superannuation funds decreased from 72% in January 2022 to 66.6% during February 2023.
A former AMP and ANZ senior executive has been announced as the new CEO of legalsuper.
There is a marked difference in the asset allocations of advised and self-directed self-managed superannuation funds, according to AUSIEX.
Spirit Super has hired Philip Naylor from Frontier as its general manager for investment strategy and deputy chief investment officer.