A new report warns super funds must rethink retirement readiness as older Australians use super savings to pay off housing debt.
An Australian superannuation delegation will visit the UK this month to explore investment opportunities and support local economic growth, job creation, and long-term investment.
An ASIC review has identified superannuation trustees are demonstrating a “lack of urgency” around improving their retirement communication and still taking a one-size-fits-all approach.
Superannuation funds have welcomed the boost that Treasury’s improvement on the Low-Income Superannuation Tax Offset will have for women and younger members.
The proposed changes to the Low-Income Superannuation Tax Offset (LISTO) have been applauded by the superannuation sector.
Reserve Bank governor Michele Bullock has said the central bank sees private demand picking up over the next year, taking over from public demand.
The regulator plans to claim compensation from Equity Trustees after Macquarie’s payout to affected Shield investors.
Morningstar has found the Your Future, Your Super test delivering fewer failures, but warned against complacency as regulators review its design.
Super funds have recorded modest gains in September as global equity strength and an AI-driven rally lifted investment returns.
One of Australia’s largest super funds has acquired an equity stake in the institutional investment advisory firm.