Super funds could be targeted in sweeping M&A reform

Routine investment transactions are at risk of being caught up in proposed merger and acquisition (M&A) reforms, industry bodies have warned.

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Cbus welcomes chief strategy officer

The industry fund has added a new executive to its team.

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Aussie funds undeterred by US election outcome

The outcome of the US election is unlikely to disrupt the operational strategies of Australian superannuation funds, even though specific assets may feel the effects.

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RBA announces rate day decision

The central bank has served up a disappointment for punters on Melbourne Cup Day.

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AustralianSuper’s first retirement chief to depart

The fund’s inaugural chief retirement officer is looking to establish a new venture.

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Future Fund cautious of inflationary pressures amid $24bn portfolio uplift

The sovereign wealth fund remains cautious of the impact of high inflation as it announces a strong return in its latest update.

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One on one with AMP Super: Making meaningful moves

In this latest edition, Anna Shelley, CIO at AMP, shares the fund’s approach to current market conditions and where it continues to uncover key opportunities.

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Jones urges funds to prioritise member services

The superannuation industry will be judged by its member services rather than how effectively it accumulates wealth, according to Stephen Jones.

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How much did super funds spend on financial advice in FY23?

APRA’s latest data has revealed that superannuation funds spent $1.3 billion on advice fees, with the vast majority sent to external financial advisers.

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CareSuper, Spirit Super combine to create $53bn fund

The profit-to-member super funds are officially operating as a merged entity, set to serve over half a million members.

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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 10 months ago
Kevin Gorman

Super director remuneration ...

1 year 10 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 10 months ago

The central bank has announced the official cash rate decision for its November monetary policy meeting. ...

1 hour 20 minutes hence

Australia’s maturing superannuation system delivers higher balances, fewer duplicate accounts and growing female asset share, but gaps and adequacy challenges remain....

3 hours ago

Global volatility and offshore exposure have driven super funds to build US-dollar liquidity buffers, a new BNY paper has found....

3 hours ago