APRA tightens scrutiny on super fund spending, targets travel and entertainment

APRA has ramped up its scrutiny of superannuation fund spending, particularly targeting discretionary expenses like travel, entertainment, and conferences that may not be in the best interests of members.

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ASFA research reveals more Australians put off retiring

More Australians are planning on working past 65 for either social or financial reasons, according to new research from the Association of Super Funds Australia.

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CFS ready to play key role in super industry consolidation

Colonial First State Super is ready to support further consolidation in the super industry, its CEO said.

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ASFA adds operations veteran to board

The industry body is adding 25 years of financial services experience to its leadership team with a new appointment.

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HPI rejects ‘opportunistic’ Charter Hall and Hostplus’ offer

Hotel Property Investments Limited (HPI) has decisively turned down the revised cash offer of $3.85 per security from Charter Hall and Hostplus, labelling it insufficient to reflect the true value of its assets.

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ASFA sets the record straight on Taylor’s 401(k) comments

Despite last week’s media frenzy suggesting the Coalition might be eyeing a voluntary superannuation system for Australia, funds are unfazed by any perceived hidden agendas from the opposition.

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Fresh doubts over rate cuts arise from ‘unquestionably strong’ jobs data

Economists have varied interpretations of what the latest unemployment data means for the RBA’s monetary policy easing cycle.

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Super funds seek to capitalise on digital infrastructure trend

The appetite for digital infrastructure has grown significantly among Australia’s superannuation funds, with assets like data centres, fibre optic networks, and telecommunications now viewed as strategic investments in their portfolios.

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Rest unveils interim CIO duo as replacement search commences

The $89 billion fund has named co-chief investment officers following the resignation of Andrew Lill earlier this month.

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Super Fund of the Year Awards 2024 - Bill Watson, CEO First Super

First Super delivers great personal service and solid investment returns to its 70,000+ members. The metrics agree with us.

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Grant Banner

From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...

1 year 6 months ago
Kevin Gorman

Super director remuneration ...

1 year 6 months ago
Anthony Asher

No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...

1 year 6 months ago

Large superannuation accounts may need to find funds outside their accounts or take the extreme step of selling non-liquid assets under the proposed $3 million super tax ...

6 hours ago

Economists have been left scrambling to recalibrate after the Reserve Bank wrong-footed markets on Tuesday, holding the cash rate steady despite widespread expectations o...

6 hours ago

Institutional investors have increased their risk exposure over June amid tempered levels of market volatility....

6 hours ago