POWERED BY MOMENTUM MEDIA
Industry funds push to end superannuation age discrimination
Young Australians are key stakeholders in priority recommendations industry funds have made in their pre-budget submissions.
AUTHOR
Maja Garaca Djurdjevic
Fund CIO eyes market correction as buying opportunity
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.
AUTHOR
Jessica Penny
Strong equity gains a key driver for 2024 performance, says CareSuper
The $53 billion fund’s balanced options saw high single-digit returns in 2024, supported by sharemarket strength.
AUTHOR
Jessica Penny
AMP shifts focus to retirement innovation
AMP is here to play again, says Alexis George, after the firm released its latest financial update, revealing how the sale of its advice business dented its profits.
AUTHOR
Maja Garaca Djurdjevic
SMC warns Bragg’s proposals could make profit-to-member funds ‘almost impossible’
The SMC has reacted to a report advocating reduced union involvement in super funds tabled on Thursday on behalf of Senator Andrew Bragg.
AUTHOR
Maja Garaca Djurdjevic
Failed motion to discharge $3m super tax bill makes it a key election issue
The $3 million super tax bill is expected to become a key election issue after the Senate dismissed a motion to discharge the legislation.
Bragg’s report urges reduced union influence and tighter governance in super
A report advocating for reduced union involvement in super funds was tabled on Thursday on behalf of Senator Andrew Bragg.
AUTHOR
Maja Garaca Djurdjevic
ART to grow by 25k members following merger completion
Qantas Super has announced the completion of its merger with the Australian Retirement Trust.
Tech sector growth to be led by software companies in 2025
Services and software companies are set to reap the benefits of the AI boom in 2025, according to a market professional.
AUTHOR
Jessica Penny
Investors return to risk-seeking territory following December slump
Despite ongoing tariff concerns, the State Street Risk Appetite Index rose to 0.36 in January, signalling a return to risk-seeking behaviour after a pause in December.
AUTHOR
Jessica Penny
