The Albanese government has put forward a bold proposal to tackle the challenges of Australia’s swelling retirement pool, in an effort to allow superannuation funds to play a more active role in shaping members’ retirement outcomes.
New analysis shows that super funds had a strong January despite end-of-month jitters.
The RBA governor said Tuesday’s decision effectively reverses the cautionary rate hike from November 2023.
Local investors continue to increase their offshore allocations to take advantage of ongoing market momentum, new data has found.
The investment chief of the $139 billion fund UniSuper has doubled down on his scepticism of cryptocurrency.
February’s rate decision has been the most anticipated in over a year.
The Future Fund has upped its stake in CDC Data Centres under a deal worth over $2 billion.
Young Australians are key stakeholders in priority recommendations industry funds have made in their pre-budget submissions.
UniSuper’s CIO has flagged the potential for a 10 per cent or greater market correction, but stated the fund will seize it as a buying opportunity.
The $53 billion fund’s balanced options saw high single-digit returns in 2024, supported by sharemarket strength.