POWERED BY MOMENTUM MEDIA
Super funds will lose money on rental properties, warns CEO
A build-to-rent insider says Labor’s tax concessions won’t help super funds generate a return on rental accommodation because the cost of capital is too high.
Super funds left wanting by 2023–24 budget
Tighter restrictions on multimillion-dollar super balances and a multifaceted crackdown on unpaid super were among industry recommendations ignored by the federal government in its latest budget.
AUTHOR
Charbel Kadib
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
