Brighter Super’s default option has exceeded its seven-year performance, according to its latest financial year results.
The $70 billion fund has seen double-digit returns for the majority of members in its lifecycle default product.
A CIO has unpacked why high-quality infrastructure assets will only continue to grow in appeal.
The executive has departed Australia’s largest super fund after more than a decade.
Spirit Super has transitioned to JP Morgan, joining its merger partner CareSuper.
The $34 billion fund says that the past fiscal year has been a “positive” one for members in spite of growing global concerns.
Two senators have issued statements against the presence of CFMEU officials on the super fund board and its involvement in Labor’s affordable housing fund.
The FSC is pushing for the government to enshrine the objective of super in law ahead of the next election in response to the growing “politicisation” of the sector.
The $9 billion fund has confirmed its intentions to merge with one of Australia’s largest super funds.
The industry body has welcomed three new directors in a bid to strengthen its promotion of strong ESG management and practices.