Aussie retirement savings poised to become second-largest globally: SMC
Australia’s pension assets pool is set to surpass other key economies, new research from the Super Members Council (SMC) has shown.
AUTHOR
Jessica Penny
AustralianSuper hit with $27m penalty
The Federal Court has ordered AustralianSuper to pay $27 million for failures to address multiple member accounts.
UniSuper unveils digital advice offering
The country’s fourth-largest fund is targeting the “missing middle” of members with a new digital advice service in partnership with Ignition Advice.
AUTHOR
Keith Ford
RBA’s February decision: Economic necessity or political play?
Where the RBA goes next is anyone’s guess, with economists and market pundits offering wildly different takes on the governor’s tone during the press conference and whether politics played a role in the decision.
APRA responds to BUSSQ’s Federal Court challenge
The prudential regulator confirmed it is considering BUSSQ’s Federal Court appeal.
Labor’s secret plan pushes for longevity protection in super
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.
Funds maintain 2024 rally with ‘flying start’ in Jan
New analysis shows that super funds had a strong January despite end-of-month jitters.
AUTHOR
Jessica Penny
RBA's hawkish cut dents market confidence
The RBA governor said Tuesday’s decision effectively reverses the cautionary rate hike from November 2023.
Assets under custody reach new heights amid market growth
Local investors continue to increase their offshore allocations to take advantage of ongoing market momentum, new data has found.
AUTHOR
Jessica Penny
Fund CIO says crypto is a ‘joke gone too far’
The investment chief of the $139 billion fund UniSuper has doubled down on his scepticism of cryptocurrency.
AUTHOR
Jessica Penny
