NGS Super has partnered with enRICH KIDS to distribute free financial literacy resources to teachers.
enRICH KIDS has two successful financial literacy programs for primary school children and secondary school students.
“The programs are a wonderful educational resource,” said NGS Super chief executive, Anthony Rodwell-Ball. “We’ll be distributing the resource packs out to over 1,500 non-government schools to assist teachers in sharing important financial information with their students in an enjoyable way.”
NGS Super stated that both programs supported the curriculum in each Australian state and territory and could be incorporated into the current curriculum.
Super funds had a “tremendous month” in November, according to new data.
Australia faces a decade of deficits, with the sum of deficits over the next four years expected to overshoot forecasts by $21.8 billion.
APRA has raised an alarm about gaps in how superannuation trustees are managing the risks associated with unlisted assets, after releasing the findings of its latest review.
Compared to how funds were allocated to March this year, industry super funds have slightly decreased their allocation to infrastructure in the six months to September – dropping from 11 per cent to 10.6 per cent, according to the latest APRA data.