Speaking to Super Review, the $70 billion fund has unveiled its new solution to address the ‘cognitive load’ of retirement as members enter their golden years.
Senator Andrew Bragg has introduced a bill to prohibit Cbus from any involvement in the Housing Australia Future Fund.
The Coalition says it will introduce a bill today to prohibit Cbus from any involvement in the Housing Australia Future Fund.
The fund is set to close six investment options, among other key changes.
Bernard Reilly, former CEO of Australian Retirement Trust, has joined an asset manager as its new CEO.
A significant sell-off in August raised concerns about its impact on retirement savings; however, an economist has reminded that investing in both markets and super is a long-term investment.
In Super Review’s new series, HESTA’s Dianne Sandoval explains where the fund is finding innovative opportunities for impact, while also taking advantage of any short-term volatility.
Aware Super has named the successor of Sam Mostyn, who stepped down from the fund earlier this year.
The Joint Associations Working Group has identified four key issues with the $3 million super tax that need to be addressed before the bill is legislated, including the major concern of taxing unrealised capital gains.
The $180 billion fund has purchased a 99-hectare industrial estate located in a core infill suburb within Melbourne.